Low-cost Carriers to boost Middle East Aviation market

  • Date: 20-Feb-2020
  • Source: Bizbahrain
  • Sector:Transport
  • Country:GCC
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Low-cost Carriers to boost Middle East Aviation market

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 Centre for Aviation.. Danielle Curtis, Exhibition Director ME, Arabian Travel Market, said: "Situated within eight-hours of two-thirds of the world's population and located between the major cities of Europe in the northwest, the fast-developing East African cities in the west and India and Pakistan in the east - the Middle East is the ideal location to set up a budget airline, attracting passenger traffic from within the region as well as from across much of the eastern hemisphere.". 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..