By Staff writer
Carriers in region post 7.5% rise in passenger traffic, well down on the double digit growth seen earlier in 2016
Middle Eastern carriers posted a 7.5 percent increase in air passenger traffic in June, which was well down on the double-digit growth recorded earlier in the year, according to the International Air Transport Association (IATA).
IATA said in a statement that the slower growth rate could in part be due to the timing of Ramadan, which tends to depress traffic growth.
The aviation authority added that regional capacity rose 14.3 percent, which caused load factor to dive 4.4 percent to 69.9 percent for the month.
Globally, IATA said demand (measured in revenue passenger kilometres or RPKs) rose by 5.2 percent compared to the year-ago period.
This was up slightly from the 4.8 percent increase recorded in May. However, the upward trend in seasonally-adjusted traffic has moderated since January. June capacity (available seat kilometres or ASKs) increased by 5.6 percent, and load factor slipped 0.3 percent to 80.7 percent.
"The demand for travel continues to increase, but at a slower pace. The fragile and uncertain economic backdrop, political shocks and a wave of terrorist attacks are all contributing to a softer demand environment," said Tony Tyler, IATA’s director general and CEO.
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