Middle East carriers saw year-on-year passenger demand expand by 10.6 percent in February, the strongest performance in the world, the International Air Transport Association (IATA) said on Wednesday.
Capacity expansion in the region was held to 9.7 percent with the result that load factor rose 0.7 percent to 77.7 percent, also the highest for any region.
Globally, IATA data showed that demand growth is accelerating on the back of stronger business confidence, particularly in emerging regions. Passenger demand rose 3.7 percent compared to February 2012.
Since October, IATA said passenger demand has been growing at an annualised rate of nine percent. This is almost double the growth trend over the first nine months of 2012.
Read more: http://www.arabianbusiness.com/mideast-airlines-lead-world-on-passenger-growth-496561.html
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