middle east airline passenger numbers projected to climb 7 in 2018
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Middle East airline passenger numbers projected to climb 7% in 2018

Arab Today, arab today

Arab Today, arab today Middle East airline passenger numbers projected to climb 7% in 2018

Middle East airline passenger numbers projected to climb 7% in 2018
Dubai - Arab Today

Middle East passenger numbers are forecast to grow by 7% in 2018 according to the International Air Transport Association. Aviation will feature heavily in the programme at Arabian Travel Market (ATM) 2018, which is being held between 22nd to 25th April at the Dubai World Trade Centre.

Alan Peaford, current president of the UK’s Institute of Internal Communications, said, "Aviation and aerospace is thriving despite lower oil prices. Even with regional uncertainties aviation continues to grow. The Arab air transport market grew by 9.9% in the past year, according to the Arab Air Carriers Organisation at its 2017 AGM. Growth figures like these should support lively debate at ATM 2018 and provide an element of cautious optimism."

IATA figures also revealed that Middle East airlines will see net profits doubling to $600 million in 2018, double what they are estimated to make this year. Passenger capacity is also estimated to rise by 6.6% this year and a further 4.9% increase is forecast for 2018.

The success of the aviation industry in the sky is matched in the Middle East by the continued huge infrastructure investment.

The total value of 152 active aviation-related projects in the Middle East reached $57.7 billion (AED211.8 billion) at the end of April 2017, according to research provider BNC Network.

In the GCC countries, Saudi Arabia accounted for the largest share of project value (at 46 percent of the GCC’s total), followed by the UAE (26 percent), and Kuwait (12 percent).

The Gulf region’s aviation projects also accounted for 72 percent of the total estimated value for all aviation projects in the Middle East and North Africa.

ATM – considered by industry professionals as a barometer for the Middle East and North Africa tourism sector, welcomed almost 40,000 travel professionals to its 2017 event, including 2,661 exhibiting companies, signing business deals worth more than $2.5 billion over the four-day show.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

middle east airline passenger numbers projected to climb 7 in 2018 middle east airline passenger numbers projected to climb 7 in 2018

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

middle east airline passenger numbers projected to climb 7 in 2018 middle east airline passenger numbers projected to climb 7 in 2018

 



GMT 21:16 2016 Monday ,27 June

Zaki Badr discusses cleaning problem in Giza

GMT 21:46 2017 Saturday ,14 January

Turkey arrests 60 businessmen for alleged Gulen ties

GMT 22:38 2017 Friday ,24 March

Abbas meets with Merkel in Berlin

GMT 09:02 2017 Monday ,27 March

Tunisian Premier Concludes Visit to Sudan

GMT 15:54 2017 Friday ,01 September

Attorney General Directs Prosecutors to inspect Prison

GMT 09:22 2017 Sunday ,31 December

HM King condoles with Afghanistan President

GMT 10:12 2016 Wednesday ,06 April

Strong dollar, mild weather shrink H&M profits

GMT 17:03 2016 Saturday ,24 December

7 police killed in attacks in Afghansitan

GMT 13:51 2017 Friday ,17 March

Israel denies Syria shot down a warplane

GMT 04:08 2017 Thursday ,05 January

Carbon tax can fund clean energy transition

GMT 19:27 2016 Wednesday ,14 September

Alstom to go ahead with plans to shut down Belfort plant

GMT 01:44 2017 Friday ,15 December

Mennat-Allah underlines importance of landscapes

GMT 04:57 2017 Thursday ,14 December

Trump tells NASA to send Americans to Moon

GMT 21:43 2017 Wednesday ,11 October

Qabil discusses with Swiss delegation improving power

GMT 21:06 2017 Sunday ,17 September

OIC condemns suicide attack in Kabul

GMT 08:27 2017 Thursday ,27 April

Nokia reports another loss as networks sag

GMT 19:41 2017 Monday ,06 February

Elina Svitolina Claims Taiwan Open Title

GMT 09:39 2017 Friday ,03 February

Former Brazilian president Lula's wife dies of stroke
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday