The Outlook for Aviation in the Middle East

The video discusses the growth of passenger traffic in the Middle East, highlighting a 13.1% increase. It examines the sustainability of this growth amidst global economic challenges, geopolitical issues, and fluctuating oil prices. The role of major carriers, aircraft orders, and strategic alliances are explored, along with the potential for consolidation and the rise of low-cost carriers. The impact of subsidies and oil prices on the aviation sector is also analyzed.

What role do major carriers play in the aviation sector of the Middle East?

How might consolidation among Gulf carriers affect the aviation market?

Discuss the implications of low oil prices on the aviation sector in the Middle East.