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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
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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