Weak air travel demand in the Middle East in July 2019
The International Air Transport Association revealed the performance figures
The International Air Transport Association (IATA) revealed that passenger demand growth slowed down in the Middle East in the month of July.
According to data released by IATA, Middle East carriers recorded a 1.6% increase in demand for July, a decrease from the 8.3% growth recorded for June, after the end of Ramadan.
IATA revealed that weakness in global trade, volatile oil prices and heightened geopolitical tensions affected the region’s performance.
The July traffic for African airlines’ rose by 3.6%, a decline from the 9.8% growth recorded in June. Analysts believe that weakening business confidence in South Africa offset solid economic conditions elsewhere on the continent.