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Middle East short-term traffic outlook - Airports more optimistic than airlines

30-Sep-2008

The global airline industry can be excused for being less optimistic about the worsening economic outlook than their airport counterparts. Airlines, after all, are bearing most of the financial pain in the current slowdown, though airports too are bracing for tougher times ahead. While there are some differences of opinion between airports and airlines on precise figures, they are in agreement that the Middle East is not immune to the global slowdown, as we review in this Perspective. [1043 words]

Unlock the following content in this report:

Subheadings:

  • Airlines see further slowing in 2009, airports see pick-up in demand
  • Slowdown continues in 2008
  • Premium traffic holding up
  • Medium and long-term outlook also bright

Graphs and data:

  • Airports vs Airlines Middle East outlook: ACI total passenger numbers growth vs IATA total traffic (Tonne Kilometres Performed) growth: 2006 to 2009F
  • IATA global forecast by region: Traffic (Tonne Kilometres Performed) vs capacity (Available Tonne Kilometres) (% change year-on-year): 2009
  • Middle East vs Industry passenger traffic (RPK) growth (% change year-on-year): Aug-07 to Jul-08
  • Middle East vs Industry passenger capacity (ASK) growth (% change year-on-year): Aug-07 to Jul-08
  • Middle East vs Industry passenger load factors (%): Aug-07 to Jul-08
  • Premium traffic growth by region (% change year-on-year): Jul-08
  • Premium traffic growth by region (% change year-on-year): Jul-08
  • IATA premium traffic growth on Middle East routes (% change year-on-year): Jan-08 to Jul-08
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