Asia seats one third of world air travel

first_imgSource = e-Travel Blackboard: N.J Asia booked out the highest number of scheduled seats this month, leading worldwide air services by one third. According to an OAG Frequency and Capacity Trend Statistics report the region scheduled up to 93 million seats in January and increased seat capacity by 11 percent to 15.2 million.”Emergent markets are rapidly catching up with established regions in terms of size,” OAG parent company UBM Aviation chief executive Peter von Moltke said. “One significant example is the strong and continued growth within the Chinese market; with future expectations of growth in demand, it is likely that this market will be larger than the total North American market within the decade.” The report highlighted travel to and from the US increased by three percent to 17.4 million while the Middle East experienced a hike in seat numbers, increasing by 12 percent to 11.7 million. “Growth in this region is largely due to the development of three major hub airports in the Middle East, Dubai, Abu Dhabi and Doha,” UBM Aviation company airport strategy and marketing senior vice president John Grant said.   “Year-over-year capacity to and from the region increased 12 percent through a combination of increasing hub capacity, and more importantly, the emergence of new low cost airlines in the region.” last_img

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