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FINANCIAL NEWS
Mideast carriers record 12.7 percent traffic grow
31 May 2016
(MENAFN) Global passenger demand increased by 4.8 percent compared to April 2015, which is the slowest pace in two years.
Moreover, airlines registered increase, led by the Middle East region, while whole capacity jumped by 5.6 percent.
In addition, Middle Eastern carriers logged a 12.7 percent traffic increase in April, where the only region to see a double-digit percentage increase in demand.
However, capacity growth of 14.8 percent exceeded the increase, while it caused load factor to drop by 1.4 percentage points to 75.6 percent.
More News
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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