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FINANCIAL NEWS
Mideast carriers’s profits to post 14 percent grow
04 Jun 2016
(MENAFN) Middle East carriers, involving Qatar Airways, Emirates and Etihad Airways, are predcited to record a combined USD 1.6bn profit in 2016.
Moreover, the capacity of Middle East airlines is also predicted to increase at 12.2 percent, outpacing 11.2 percent expansion of demand.
In addition, global air transport industry profits upwards to USD 39.4bn this year from USD 36.3bn in Dec 2015.
Last year airlines produced a global aggregate profit of USD 35.3bn, re-stated from USD 33bn in December 2015.
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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