Low-cost carriers to boost Middle East aviation market – Saudi Gazette

  • Date: 19-Feb-2020
  • Source: Saudi Gazette
  • Sector:Transport
  • Country:GCC
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Low-cost carriers to boost Middle East aviation market – Saudi Gazette

DUBAI - Low-Cost Carriers (LCC) are driving growth in the Middle East aviation market, recording a 9.3% increase in seat capacity in 2019, according to CAPA Center for Aviation.. , Arabian Travel Market (ATM), which takes place at Dubai World Trade Centre from April 19-22, is witnessing this trend first-hand with LCCs including flydubai, flynas and flyadeal confirmed for the 2020 edition of the show.. In the Middle East at present, this figure lies at 13%.Supporting LCCs' potential for growth in region, in October 2019, Air Arabia and Etihad Aviation Group announced strategic plans to launch a new budget carrier.. Wizz Air - a Hungarian low-cost carrier - and Abu Dhabi Developmental Holding Company announced in December that they had reached an 'agreement in principle' to set up a new airline based in the UAE capital.. Curtis added: "Aviation is integral to the Arabian Travel Market show and plays a significant role not only during the seminars but also on the exhibition floor..