Passenger Traffic Continues to Rise, Cargo Remains in Doldrums
Geneva - The International Air Transport Association (IATA) announced global traffic results for January...
Middle East airlines recorded double-digit traffic growth in January, posting a 14.5% increase. This was by far the largest rate of growth for any region and represents a return to the rates experienced in 2010. Capacity rose 10.6%. Load factor climbed 2.7 points to 78.5%, among the highest of the regions.
With all that going on, one has to ask why Gulf Air "are not getting a bite at the cherry."
Maybe this will help appease employees,
The Bottom Line
The aviation industry is a catalyst for economic growth. Governments should keep this in mind in their policy initiatives. Measures to boost competitiveness—not taxes or restrictions—are immediately needed, along with a long-term vision to support sustainable economic growth through much needed infrastructure investments.