Friday 29 March 2024
 
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ME carriers forecast to post $800m profit in 2019

Middle Eastern carriers are expected to report $800 million net profits in 2019, up from an expected weaker $600 million in 2018,  said a report by the International Air Transport Association (IATA).   The g

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ME carriers see 6.6pc growth in air freight

Middle Eastern carriers posted the fastest growth in air freight of any region in September 2018, with an increase in demand of 6.6 per cent compared to the same period a year earlier, according to figures released by the International Air

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Middle East carriers’ freight volumes up 2.2pc in August

Middle Eastern carriers posted a 2.2 per cent increase in freight volumes in August compared to the same period last year, according to figures released by the International Air Transport Association (Iata).   Middle East car

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Global carriers’ freight volumes growth slows

The annual growth in air freight tonne kilometres (FTKs) of global carriers slowed to 2.8 per cent in the three months ended July – its slowest pace on this basis in more than two years, according to data released by International Air Tran

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Middle East carriers’ freight volumes up 5.4pc in July

Middle East carriers' freight volumes grew the fastest of any region in July with an increase in demand of 5.4 per cent compared to the same period a year earlier, according to recent data. According to figures released by the

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Middle East carriers’ freight volumes up 3.8pc in June

Middle East carriers' freight volumes grew 3.8 per cent in June over the same period last year, an improvement on May figure of 2.7 per cent but well below the average five-year rate of 9.5 per cent, according to recent data.

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Middle East carriers’ freight volumes up 2.4pc in May

Middle Eastern carriers’ freight volumes grew 2.4 per cent in May compared to the same period last year. However, there was a significant deceleration in demand compared to the 6.9 per cent growth seen in the previous month, said a report.

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ME carriers’ freight volumes up 7.4pc in February

Middle Eastern carriers’ year-on-year freight volumes increased 7.4 per cent in February 2018, and capacity increased 7.6 per cent, according to figures released by the International Air Transport Association (Iata). The reg

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Dubai Airspace expansion allowed carriers to save over $14m

The Dubai airspace restructuring project, which was implemented last year, enabled carriers flying from Dubai International Airport to save a total of Dh53 million ($14.4 million) from their budgets. The project yielded astounding

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ME carriers’ freight volumes up 4.4pc in January

Middle Eastern carriers’ freight volumes increased 4.4 per cent year-on-year in January, the slowest growth of all regions, according to figures released by the International Air Transport Association (Iata). The Middle East

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