Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

ME carriers post 12.4% traffic growth in Oct: IATA  Join our daily free Newsletter

MENAFN - 02/12/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN) The International Air Transport Association's (IATA) director general and CEO, Tony Tyler, said that Middle East carriers posted a traffic growth of 12.4 percent in October, reported Arabian Business.

Tyler said that capacity climbed by 12.1 percent in the period, whereas load factor edged up 0.2 percent to 75 percent.

Moreover, cargo traffic jumped 13.4 percent, with capacity up 8.6 percent, and load factor growing to 45.4 percent.

Tyler noted that the passenger and cargo figures for airlines in the region show that they posted the best performance amongst other carriers worldwide.

It is worth noting that demand for air travel is hampered by slowing global trade and weak business sentiment, whereas the impact of Hurricane Sandy hit US domestic and North Atlantic travel.

 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help