Gulf airlines posted a 5.4 percent increase in passenger demand in August, which was a.
Passenger demand growth registered by Middle East carriers fell sharply to 4.8 percent in July,.
In the last four months, investor optimism that global crude prices will increase has slumped.
Middle East carriers’ May passenger demand growth slowed to 0.8 percent compared to a year.
As per hospitality analysts STR, the demand for hotels in Abu Dhabi is set to.
Air cargo volumes decelerated significantly for Middle East carriers during May, according to latest figures.
Increasing demand for healthcare and government initiatives designed to expand private sector participation in Saudi.
Saudi Arabia, the world’s biggest oil exporter, invested pricing on main crude grades for buyers.
Growing passenger demand growth on key Asian and European routes has boosted traffic for Gulf-based.