International Air Transport Association announces 11 percent increase in global demand

Al-Mahrami Meets Head of Land Authority, Reviews Performance Improvement Plans and Combating Encroachments

Presidential Leadership Council member Abdul Rahman Al-Mahrami met today, Tuesday, at the Presidential Palace in the interim capital, Aden, with the Head of the General Authority for Lands, Survey, and Urban Planning, Engineer Mohammed Abadi, to discuss the Authority's situation and its strategic plans aimed at improving its performance and raising the efficiency of its branches in various governorates.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Gold Prices Stabilize as Investors Await Key US Data Release

Gold prices remained steady today, Friday, after rising US Treasury yields offset the dollar's weakness, as investors await crucial US economic data releases.

CAF Unveils Official Mascot for 2025 Africa Cup of Nations in Morocco

The Confederation of African Football (CAF) and the Local Organizing Committee unveiled the official mascot for the 2025 Africa Cup of Nations in Morocco, named "Asad" (Lion), embodying a symbol of African pride and passion for football.

Last Update: ، 2025/12/09 Time 04:56:20
Latest News:

UK reaffirms its commitment to supporting Presidential Leadership Council and government

Vice Foreign Minister praises Germany's support for Yemen

U.S. affirms its support for Leadership Council, government, Yemen's security, stability

President al-Alimi briefs Ambassadors of the countries sponsoring the political process on developments ..

Leadership Council Member al-Muhrrami, Governor of Central Bank address monetary stability efforts

International Air Transport Association announces 11 percent increase in global demand

[31/05/2024 05:35]

MONTERIAL-SABA
The International Air Transport Association (IATA) announced that the international demand for aviation increased last April with 11 percent on the basis of year on year, compared to the same month of last year.

The IATA said in a statement today " Demand for international travel increased with 15.8 percent last April on annual basis. While the capacity of boarding the passengers increased globally with 14.8 percent. At the meantime domestic demand for aviation increased with 4 percent on the basis of year on year".

The IATA added" This growth comes for the 36th successive month and it is likely to keep on growing with the peak of the international travel season during the summer months".

It is important to note that the IATA expected a rise in the net profits of the aviation up to $25.7 billion in 2024, with a net margin reaches 2.7 percent, a relatively improve in the net profits compared to 2023 which it anticipated to come up to $23.3 billion.