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Mideast carriers see passenger growth stabilise in May

Middle Eastern carriers posted a 17.5 percent increase in demand during May year-on-year, better than the ash-cloud-affected results of April, but a little below the highs of the first three months of the year, data from the International Air Transport Association has revealed.

However, the region's airlines are still outperforming the global average of 11.7 percent growth as they continue to win market share by connecting long-haul traffic through their hubs.

The Middle East was the second highest-performing region in terms of demand, behind Latin America (23.6 percent growth) and just before Africa (16.9 percent), Asia-Pacific (13.2 percent) and North America (10.9 percent).

Europe's sluggish economies left the continent as the slowest region, with 8.3 percent growth in May compared to the same month last year.

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