Flying on the cheap: Middle East economy airlines take-off as the travel market of the future
A new analytical report released by Amadeus air traffic system revealed that low-cost airlines, also known as "economic airlines" in the Middle East, show great confidence in their ability to grow, having seen an overall absorptive capacity increase from 11.5 million seats in the first half of 2012 to 13.5 million seats during the same period in 2013.
Alexander Gore, an economic airlines specialist at Amadeus, said: “We are seeing a boom in the capacity of low-cost airlines throughout Asia as the air travel sector is suffering from a big gap. However, the capacity across developed markets in Europe and North America is restricted.” Such factors, he explained, explain the desire of low-cost airlines to find new approaches to secure future growth.
He added: “With the 25 percent growth on an annual basis during the first half of 2013, airline reservations for low-cost airlines at Amadeus are increasing dramatically, which is an encouraging sign of our ability to adapt to the needs of these airlines.”
According to Gore, low-cost airlines are seizing the opportunity that we offer to penetrate the business travel market for high yields, and expand into new areas characterized by the presence of limited brands prominent.
Amadeus continues to innovate constantly, he noted, in order to maximize these benefits, as evidenced by the new range of improvements to the ticket prices that have been applied recently with Easy Jet, which makes dealing with airlines easier.
Pascal Clement, head of travel at Amadeus, said: “We have a detailed understanding of how to change the direction of the absorptive capacity in the planning process for each of the airlines and airports, and can apply the powerful tools for efficiently analyzing large amounts of data to achieve the preferences of companies.”
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