Demand for travel on Middle East airlines has outperformed the global sector as more flights are routed through the region.
"The region's carriers have successfully tapped into demand from emerging markets with the strength of their network structures and efficient hubs," said the International Air Transport Association (Iata), whose members include major airlines such as Air France-KLM, British Airways, Delta and Air China.
The Middle East has benefited from a 14.3 per cent increase in demand and a 14.4 per cent growth in capacity, said the Iata statement.
Middle East carriers, including Etihad Airways, Emirates Airline, Qatar Airways and Turkish Airlines have been spending heavily on advertising as they carve out a larger market share amid a global decline in the aviation industry.
Turkish Airlines said it planned to increase its passenger headcount from 46 million this year to 90 million by 2020, the chief executive Temel Kotil said in an interview with The National last month. The carrier also plans to increase its destinations as it routes trips from Europe, the United States, Africa and the Middle East through its hub in Istanbul.
Meanwhile, global airlines continue to suffer from a decline in air travel amid a European debt crisis and budget cuts in the United States, where, airlines have reported a modest 1.5 per cent expansion in demand.
There are fears that US carriers could suffer further deep losses as budget cuts force airlines to operate security related services, which were previously managed by the government, increasing their costs.
"There are threats of reduced availability of government-provided services for airport security, border control and air traffic management," the statement said.
In Europe, growth was 2.1 per cent. "While demand was up on the year-ago period, it should be noted that the region's airlines have posted no growth in international markets since October," the industry body said. "The euro-zone crisis may have stabilised, but the region's economies are not growing and its airlines remained burdened by high taxes, onerous regulation and infrastructure constraints."
By contrast, demand in Asia and Africa resulted in an increase of 3 per cent and 9.4 per cent respectively.
halsayegh@thenational.ae
Company%20Profile
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BEETLEJUICE BEETLEJUICE
Starring: Winona Ryder, Michael Keaton, Jenny Ortega
Director: Tim Burton
Rating: 3/5
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Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
COMPANY PROFILE
Name: N2 Technology
Founded: 2018
Based: Dubai, UAE
Sector: Startups
Size: 14
Funding: $1.7m from HNIs
Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
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