Thursday, April 24, 2025
9:23 PM
Doha,Qatar
Qatar Airways

Mideast carriers post 7.5% traffic increase in June: IATA

Middle Eastern carriers posted a 7.5% traffic increase in June, but was well below the double-digit growth recorded earlier in the year, a new IATA report has shown.

In part, the report noted, this could be “owing to the timing of Ramadan”, which tends to depress traffic growth. Capacity rose 14.3%, which caused load factor to dive 4.4 percentage points to 69.9%, IATA said in its passenger traffic data for June.
Nonetheless, IATA said “there remains little sign of a marked easing” in the "strong upward trend" in traffic in the Middle East region.
All segment-based passenger routes to and from the Middle East saw “solid gains” during the first five months of 2016. Obviously, the region’s growth was lifted off by the three big GCC carriers – Qatar Airways, Emirates and Etihad.
That said, the rise in passenger capacity continues unabated; annual growth in Middle Eastern international revenue passenger kilometre (RPKs) has now lagged behind that of capacity for 19 of the past 21 months, resulting in the load factor slipping back.
Globally, IATA said the passenger traffic data for June showed that demand (measured in revenue passenger kilometres or RPKs) rose by 5.2% compared to the year-ago period. This was up slightly from the 4.8% increase recorded in May (revised).
However, the upward trend in seasonally-adjusted traffic has moderated since January. June capacity (available seat kilometres or ASKs) increased by 5.6%, and load factor slipped 0.3 percentage points to 80.7%.



Industry-wide RPKs grew by 6% year-on-year in the first half of 2016 – slightly ahead of the 5.9% increase seen in the same period in 2015.
Admittedly, growth this year was flattered somewhat by the leap year.
But even after correcting for the extra day in February, IATA still estimates that traffic grew by 5.4% year-on-year over the period–broadly in line with the average pace seen over the past decade.
Annual growth in RPKs ticked up to 5.2% in June, from an upwardly-revised 4.8% in May. But as IATA noted over the past few months, there are ongoing signs that passenger growth has shifted down a gear.
The upward trend in seasonally-adjusted volumes has moderated since January; the market has grown at annualised rate of around 3.5% since the start of the year –the weakest showing since 2011.
The loss of momentum can be attributed partly to the ongoing and cumulative impacts of recent high-profile terrorist attacks, which have weighed on international — European traffic in particular.
“Typically, the impact of such shock events is just transitory, but the repeated nature of recent events suggests that the effects may be longer-lasting this time. More generally, the fragile and increasingly uncertain global economic backdrop continues to present a headwind to passenger demand as well.
“Heightened uncertainty following the ‘Brexit’ vote in the UK only increases the downside risks in this regard,” IATA said.

Comments
  • There are no comments.

Add Comments

B1Details

Latest News

SPORT

Canada's youngsters set stage for new era

Saying goodbye is never easy, especially when you are saying farewell to those that have left a positive impression. That was the case earlier this month when Canada hosted Mexico in a friendly at BC Place stadium in Vancouver.

1:43 PM February 26 2017
TECHNOLOGY

A payment plan for universal education

Some 60mn primary-school-age children have no access to formal education

11:46 AM December 14 2016
CULTURE

10-man Lekhwiya leave it late to draw Rayyan 2-2

Lekhwiya’s El Arabi scores the equaliser after Tresor is sent off; Tabata, al-Harazi score for QSL champions

7:10 AM November 26 2016
ARABIA

Yemeni minister hopes 48-hour truce will be maintained

The Yemeni Minister of Tourism, Dr Mohamed Abdul Majid Qubati, yesterday expressed hope that the 48-hour ceasefire in Yemen declared by the Command of Coalition Forces on Saturday will be maintained in order to lift the siege imposed on Taz City and ease the entry of humanitarian aid to the besieged

10:30 AM November 27 2016
ARABIA

QM initiative aims to educate society on arts and heritage

Some 200 teachers from schools across the country attended Qatar Museum’s (QM) first ever Teachers Council at the Museum of Islamic Art (MIA) yesterday.

10:55 PM November 27 2016
ARABIA

Qatar, Indonesia to boost judicial ties

The Supreme Judiciary Council (SJC) of Qatar and the Indonesian Supreme Court (SCI) have signed a Memorandum of Understanding (MoU) on judicial co-operation, it was announced yesterday.

10:30 AM November 28 2016
ECONOMY

Sri Lanka eyes Qatar LNG to fuel power plants in ‘clean energy shift’

Sri Lanka is keen on importing liquefied natural gas (LNG) from Qatar as part of government policy to shift to clean energy, Minister of City Planning and Water Supply Rauff Hakeem has said.

10:25 AM November 12 2016
B2Details
C7Details