FINANCIAL NEWS

Mideast airlines posts 13.1pct passenger demand increase

08 Sep 2016

(MENAFN) The Middle Eastern airlines, involving the three main carriers of the GCC States, recorded passenger demand increase in July, witnessing a growth of 13.1 percent.

Moreover, capacity increased by 15.5 percent, making load factor to decline by 1.7 percentage points to 78.6 percent.

In addition, whole revenue passenger kilometers increased by 5.9 percent, compared to the same month of 2015.

Meanwhile, the global passenger demand in the cited month grew to 7.1 percent compared to July 2015, which was a growth over the 0.5 percent increase in June.

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