Middle East airline passenger traffic growth to double: report
Contributors are not employed, compensated or governed by TD, opinions and statements are from the contributor directly
Passenger flows to and from the Middle East increased by 45 million passengers over the five-year period from 2005 through 2010, and they are expected to increase by another 45 million passengers over the next five-year period through to 2015, according to The Boston Consulting Group (BCG).The findings are presented in BCG’s recent report Middle Eastern Megacarriers: Gaining Altitude. According to the study, the Middle East has become entrenched as a hub for long-haul travel. Increases between 2005 and 2015 reflect a compound annual growth rate of 11%.Led by the Middle Eastern megacarriers – Emirates, Qatar Airways, and Etihad – airlines in the region are expected to triple their passenger capacity over the next 20 years.”Because the Middle Eastern megacarriers have been early developers of the region as an important hub for long-haul routes
Comments are closed.