image description
image description
Tell A Friend

FinancialNews


  • 05-12-11

    ME's aviation sector to grow 10% annually

    (MENAFN) Official Airline Guide (OAG), the UK-based aviation research firm, said that over the coming years, Middle East's aviation sector would record annual growth of 10 percent, reported Gulf News. OAG added that the increase would result from a surge in air travel in the region, and huge aircraft orders by Gulf airlines, on the other hand, over the coming ten years, the Middle East and India would represent 11 percent of the world's aircraft deliveries, whereas India's aviation sector's annual growth would be at 9 percent. It also said that a stable rise in inbound tourism, huge airport development and investor confidence in this sector would also fuel aviation growth in the Middle East and India. It is worth noting that in the January-October period, Middle East carriers added 8.8 percent to capacity, whereas demand went up by 8 percent.

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved