Airlines

Rapid Growth Expected in MENA Region Airlines

by admin November 14, 2011

  Airlines in the Middle East continue to surpass competitors world-wide, and Boeing now estimates that the region will require an estimated 2,520 planes (worth $450 billion) by 2030. That figure represents a growth rate of 160 percent from the current fleet of 1,040 planes. 66 percent of the new planes will be used for [...]

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Middle East Air Passenger Demand Grows

by admin October 31, 2011

  Airline passenger demand is picking up in the Middle East, with growth pegged at 9.1 percent in September. Passenger growth surpassed the global average of 5.6 percent over the same month last  year, but lagged behind growth in Latin America and Europe. That said, freight volumes had dipped significantly in the third quarter, five [...]

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