Muscat: Middle East carriers witnessed a slowdown in passenger demand at 5.6 per cent in March on year on year, from 8.3 per cent recorded in February, the International Air Transport Association said yesterday. Compared to February, passenger demand was up by 0.1 per cent while capacity expanded by 0.8 per cent. This pushed the load factor down 0.6 percentage points to 73.2 per cent. The growth in air passenger demand across the world slowed to 3.8 per cent in March on year on year, from the 5.8 per cent recorded in February, IATA said.
Conversely, year-on-year growth in freight markets rebounded to 3.7 per cent in March from the 1.8 per cent recorded in February.IATA said compared to February, global passenger demand fell by 0.3 per cent in March, while cargo demand expanded by 4.5 per cent.“The profile of the recovery in air transport sharply decelerated in March. The global industry lost 2 percentage points of demand as a result of the earthquake and tsunami in Japan and the political unrest in the Middle East and North Africa (MENA),” said Giovanni Bisignani, IATA’s Director General and CEO.
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