Middle East airlines see demand drop as global passenger growth slows down in June
Middle Eastern carriers saw a 0.4 percent year-on-year decrease in demand. Capacity increased 1.1% year-on-year, and the load factor was 78.7 percent (-1.2 ppt compared to June 2024). Military conflict particularly impacted traffic on routes to North America (-7 percent year-on-year) and Europe (-4.4 percent year-on-year).
Total demand, measured in revenue passenger kilometers (RPK), was up 2.6 percent compared to June 2024. Total capacity, measured in available seat kilometers (ASK), was also up 3.4 percent year-on-year. The June load factor was 84.5 percent (-0.6 ppt compared to June 2024).
International demand rose 3.2 percent compared to June 2024. Capacity was up 4.2 percent year-on-year, and the load factor was 84.4 percent (-0.8 ppt compared to June 2024).
International demand rose 3.2 percent compared to June 2024. Capacity was up 4.2 percent year-on-year, and the load factor was 84.4 percent (-0.8 ppt compared to June 2024).
Domestic demand increased 1.6 percent compared to June 2024. Capacity was up 2.1 percent year-on-year. The load factor was 84.7 percent (-0.4 ppt compared to June 2024).
'In June, demand for air travel grew by 2.6 percent. That's a slower pace than we have seen in previous months and reflects disruptions around military conflict in the Middle East. With demand growth lagging the 3.4 percent capacity expansion, load factors dipped 0.6 percentage points from their all-time record-high levels. At 84.5 percent globally, however, load factors are still very strong. And with a modest 1.8 percent capacity growth visible in August schedules, load factors over the Northern summer are unlikely to stray far from their recent historic highs,' said Willie Walsh, IATA's Director General.
International RPK growth reached 3.2 percent in June year-on-year, but load factor fell across all regions as capacity growth outstripped demand. The steepest fall in RPK growth from May was in the Middle East, where international traffic contracted 0.4 percent year-on-year, impacted by military conflict.
2025 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Khaleej Times
18 minutes ago
- Khaleej Times
Israel to allow gradual, controlled entry of goods to Gaza through local merchants
Israel will allow gradual and controlled entry of goods to Gaza through local merchants, COGAT, the Israeli military agency that coordinates aid, said on Tuesday. "This aims to increase the volume of aid entering the Gaza Strip, while reducing reliance on aid collection by the UN and international organisations," the agency said.
Zawya
18 minutes ago
- Zawya
Saudi Aramco second-quarter net profit drops 22% on lower revenues
DUBAI - Saudi Arabian oil company Aramco reported a 22% drop in second-quarter profit on Tuesday, mainly due to lower revenue. The world's top oil exporter reported a net profit of $22.7 billion in the three months ended June 30, missing a company-provided median estimate from 17 analysts of $23.7 billion. (Reporting by Yousef Saba; Editing by Christian Schmollinger)
Zawya
18 minutes ago
- Zawya
Egyptians abroad can easily invest in stocks, funds via apps, says FRA chief
Egyptians living abroad can easily invest in the Egyptian Exchange and in investment funds through technological applications, the head of the country's Financial Regulatory Authority (FRA) has said. Speaking at the 6th Conference for Egyptians Abroad, FRA Chairperson Mohamed Farid said that developing flexible and integrated insurance solutions to provide effective coverage for Egyptians abroad is a top priority for the authority. He added that fintech has provided broader opportunities for the diaspora to benefit from non-banking financial tools in an easy and safe way, strengthening their connection to their homeland and opening up avenues for them to participate in development plans. The conference, which was opened by Prime Minister Mostafa Madbouly, was organised by the ministries of foreign affairs and emigration. Farid noted that the non-banking financial sector, with its insurance, financing, and investment services, is a cornerstone of economic growth. He said technology allows Egyptians abroad to partner with major national companies in promising sectors and benefit from diverse investment funds. The FRA chief highlighted the development of a personal accident insurance policy for Egyptians abroad and their families, which he said reflects the state's commitment to protecting its citizens. He noted that after the insurance payout was increased to 250,000 Egyptian pounds, the number of insured individuals saw a noticeable increase of 20% in July 2025 alone. The number of insured Egyptians abroad has reached 1.3 million as of the end of July 2025, with 120 compensation cases totalling 10 million pounds paid out, Farid said. He also pointed to the launch in 2023 of the first pension policy for Egyptian citizens abroad, which aims to provide an additional pension and can be purchased electronically. Farid outlined the FRA's efforts to digitise non-banking financial transactions, beginning with a 2014 decision to regulate the electronic distribution of standard insurance policies and continuing with recent executive decisions to implement Law No. 5 of 2022, which established the regulatory framework for using technology in non-banking financial activities. The FRA is committed to developing and providing services that meet the needs of Egyptians working abroad and to continuing its efforts to improve insurance inclusion and expand the base of beneficiaries, he concluded. © 2025 Daily News Egypt. Provided by SyndiGate Media Inc. (
