Jordan's Amman Queen Alia International Airport reported (17-Dec-2012) a 3.5% year-on-year decline in passenger numbers to 454,984 and a 0.2% decline in aircraft movements to 5242 in Nov-2012. Airport International Group CEO Kjeld Binger stated the airport is "poised to surpass the milestone of six million annual passengers" this year. Passenger numbers for the 11 months to Nov-2012 increased 15.3% to 5.8 million. [more - original PR]
Amman Queen Alia International Airport pax down 4% in Nov-2012, to surpass 6 million in full year
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Amman Queen Alia International Airport - a successful privately operated airport for the Levant
Jordan’s economy is surprisingly robust for a country that is surrounded by others with an actual or historical predilection for political instability. It has established itself as an attractive location for foreign direct investment and as a home for regional banks and finance houses.
Jordan’s main airport competes for business alongside a number of international ones, and also with another airport within Jordan. The national airline, Royal Jordanian, is an alliance member, but while Queen Alia International Airport’s geographical location hints at a possible hub role there is no desire to compete with the MEB3 intercontinentally, and such ambitions are limited to the Levant area of the Eastern Mediterranean.
This report examines Queen Alia International Airport by way of several sets of metrics, looking at the airports that can be considered rivals to it, and at its construction activities and ownership.
Turkish Airlines and Pegasus to take unprecedented capacity decisions as Turkey air traffic slumps
Until 2014 Turkey was one of the most reliably fast-growing air traffic markets in Europe. In 2015 passenger numbers levelled off, and in 2016 traffic is set to decline. The impact of geopolitical events, including a series of terrorist attacks, the civil war in neighbouring Syria and the failed coup attempt in Jul-2016, has weighed heavily on demand for international travel to/from Turkey.
Foreign airlines switched capacity away from Turkey in summer 2016, but the country's two largest operators – Turkish Airlines and Pegasus Airlines – continued to grow. However, following years of double-digit growth by both, Turkish Airlines and Pegasus Airlines are taking unusual steps this winter. According to data from OAG, Turkish looks set to implement year-on-year capacity cuts, while Pegasus appears to be planning flat capacity for the period from Nov-2016 to Mar-2017. It seems likely that both airlines will again cut their growth targets for 2016.
Moreover, Pegasus is seeking wet-lease customers for six of its current fleet of 73 aircraft. Perhaps more significantly, Turkish is to reschedule 165 aircraft deliveries planned for 2018-2022, cutting its planned fleet size in 2021 from 439 to 400.