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FINANCIAL NEWS
Middle East Carriers traveler traffic grows by 11.8 percent
10 Jul 2016
(MENAFN) Middle East carriers posted an 11.8 percent increase in demand in May compared to a year earlier, which was the largest among regions.
On the other hand, capacity grew by 15.6 percent, while load factor declined by 2.4 percentage points to 71.9 percent.
Accordingly, demand (measured in revenue passenger kilometers) increased 4.6 percent, compared to the same month in 2015.
Furthermore, many factors were behind this demanded growth, which included terrorist activity and the fragile state of the global economy.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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