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07-03-14

Aviation sector to register highest growth in ME

(MENAFN) Traffic in air passenger and air cargo is expected to outperform in the Middle East by 2032 compared to all other regions, according to Oman Observer. Air passenger traffic in the Middle East, in terms of Revenue Passenger Kilometres (RPK), is expected to grow to a compounded annual growth rate (CAGR) of 6.7 percent. Air passenger traffic in the Middle East, in terms of Freight Tonne Kilometres (FTK), is projected to reach 7.2 percent CAGR.