INSEAD-Day

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Ozempic maker lowers outlook

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Kimberly-Clark to buy Kenvue

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BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

84.6% growth in travel for Middle Eastern airlines in Nov: IATA

Saudi Arabia's tourism sector achieved a record surplus in the 2024 travel account.
  • Globally, traffic is now at 75.3% of November 2019 levels, according to the report
  • Total traffic in November 2022 rose 41.3% compared to November 2021

Geneva, Switzerland – Middle Eastern airlines had an 84.6 percent growth in traffic in November compared to the same month in 2021, according to a recent report by the International Air Transport Association (IATA), which also noted that global air travel recovery continued throughout the month.

Globally, traffic is now at 75.3 percent of November 2019 levels, according to the report. Total traffic in November 2022 rose 41.3 percent compared to November 2021.

International traffic rose 85.2 percent versus November 2021. The Asia-Pacific continued to report the strongest year-over-year results with all regions showing improvement compared to the prior year.

“Traffic results in November reinforce that consumers are thoroughly enjoying the freedom to travel,” said Willie Walsh, IATA’s Director General. “Unfortunately, the reactions to China’s reopening of international travel in January reminds us that many governments are still playing science politics when it comes to Covid-19 and travel.”