Budget Airlines Defy Travel Slowdown Concerns ...Middle East

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Budget Airlines Defy Travel Slowdown Concerns
source : OILPRICE ( Middle East ) () 61
Ryanair and Wizz Air reported strong passenger growth over September, despite fears in the industry of a slowdown in demand following this years’ summer bonanza. Ryanair saw passenger numbers rise 9 percent year-on-year to 17.4m, representing a slight dip on Augusts’ record 18.4m. Wizz Air meanwhile pipped its rival with a 21 percent year-on-year jump to just under 5.5m passengers, falling from just over 6m in August – typically the busiest month of the year. Both low-cost carriers maintained strong load factor – the proportion…

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