Browsing: Growth
28 November 2025 (Geneva) — The International Air Transport Association (IATA) released data for October 2025 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers (RPK), was up 6.6% compared to October 2024. Total capacity, measured in available seat kilometers (ASK), was up 5.8% year-on-year. The October load factor was 84.6% (+0.7 ppt compared to October 2024). International demand rose 8.5% compared to October 2024. Capacity was up 7.1% year-on-year, and the load factor was 84.6% (+1.1 ppt compared to October 2024). Domestic demand increased 3.4% compared to October 2024.
28 November 2025 (Geneva) – The International Air Transport Association (IATA) released data for October 2025 global air cargo markets showing: Total demand, measured in cargo tonne-kilometers (CTK), rose by 4.1% compared to October 2024 levels (+4.8% for international operations) Capacity, measured in available cargo tonne-kilometers (ACTK), increased by 5.1% compared to October 2024 (+6.4% for international operations). “Air cargo demand grew 4.1% year-on-year in October, marking the eighth consecutive month of expansion and setting a new monthly record for volumes. While the Asia-North America trade lane extended its cont
“The UAE’s status as a reliable global trade and investment partner continues to be reflected in the unprecedented growth in our non-oil foreign trade. The UAE, under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, achieved a number of foreign trade milestones in Q3 of 2025, including overall total value, rate of growth and non-oil goods exports. “In Q3, the value of non-oil trade approached AED1 trillion for the first time in a single quarter in the history of the country. It helped the value of non-oil foreign trade reach AED2.7 trillion (US$728 billion) for the first nine months of 2025, an incre
The president and CEO Thales International says the challenge is developing a workforce that is not just technically competent, but also strategically minded, capable of driving innovation across sectors The post Thales’ Pascale Sourisse on how national human capital is fuelling UAE’s growth appeared first on Gulf Business.