Egypt partners with Google to promote 'unmatched diversity' tourism campaign    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Taiwan GDP surges on tech demand    World Bank: Global commodity prices to fall 17% by '26    Germany among EU's priciest labour markets – official data    UNFPA Egypt, Bayer sign agreement to promote reproductive health    Egypt to boost marine protection with new tech partnership    France's harmonised inflation eases slightly in April    Eygpt's El-Sherbiny directs new cities to brace for adverse weather    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Egypt's Al-Mashat urges lower borrowing costs, more debt swaps at UN forum    Two new recycling projects launched in Egypt with EGP 1.7bn investment    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Against uncertain demand and slowing capacity
Published in Al-Ahram Weekly on 03 - 11 - 2011

More than 100 aviation experts from across the Middle East and North Africa (MENA) have gathered to find new ways to improve efficiency of air transport. Amirah Ibrahim reports
The two-day meeting of aviation experts in Jordan comes as the International Air Transport Association (IATA) revealed traffic figures showing a sharp fall in capacity growth from the Middle East carriers, reflecting the uncertain economic outlook.
"In light of the many global economic challenges that we face, it is more important than ever for the industry to explore all possible ways of improving efficiency and customer service. IATA Aviation Days are well known across the world for their unique ability to bring together the industry to achieve an agenda for change. Our Middle East and North Africa Aviation Day has attracted some of the region's most influential air transport leaders to debate issues around airspace and airport planning and design, steps to traffic growth sustainability, and opportunities to enhance efficiency and boost profitability," said Dr Majdi Sabri, IATA regional vice president for the Middle East and North Africa.
In his opening remarks, Hussein Dabbas, the president and CEO of Royal Jordanian, commended IATA's role in addressing member needs and priorities.
"IATA has always done a great job in bringing together key aviation stakeholders to discuss industry needs and priorities and shed some light on possible solutions and improvements to our industry, especially during these very challenging times. IATA has launched many initiatives to help the industry to raise the safety bar, improve operational efficiency, and reduce cost�ê�we in Royal Jordanian have supported these initiatives and benefitted from them tremendously and we need to keep on finding ways and means to generate more revenue and reduce cost," he said.
"It's a tough year of crises and shocks for airlines in the Middle East and North Africa region. September figures show that Middle Eastern airlines are rapidly adjusting capacity growth in response to economic uncertainty in the region and globally. International passenger traffic is 9.1 per cent above 2010 levels. Capacity growth was held to 8.5 per cent. It was the only region where demand growth outstripped growth in supply," explained Sabri.
"Tightening global economic conditions are resulting in declining profits. The $900 million profit returned by Middle East carriers in 2010 is expected to fall to $800 million this year. For 2012 we see a further reduction to $700 million. That equates to an Earnings Before Interest and Taxes (EBIT) margin of just 2.9 per cent. That this is second only to Latin American carriers who are expected to return a 3.1 per cent EBIT margin indicates just how difficult the global situation is for airlines, " said Sabri.
The agenda for the two-day event encompassed issues such as tackling airspace restrictions, improving airport planning, enhancing the IOSA and ISAGO safety audits, crisis management techniques, and working in partnership to drive cost efficiencies and fuel savings. IATA experts and airline speakers from Qatar, Saudi Arabia, Kuwait and Jordan were joined by guests from ICAO, AACO, CANSO, Dubai Airports Company, Airport International Group (AIG) and Jordan Civil Aviation Regulatory Commission (CARC).


Clic here to read the story from its source.