İstanbul Wins Transit Market Share
Major global hub airports in the Gulf are losing market share of transit passengers to Turkey’s Istanbul Atatürk Airport, according to the latest seat-booking data from analyst ForwardKeys. Data for Q1 2018 showed that bookings for passengers connecting in Istanbul are +21% ahead year-on-year. Equivalent transit bookings through Dubai and Doha’s Hamad International airports are marginally down at –0.5% and –0.1% respectively. Abu Dhabi International Airport has seen the biggest slide of –14%.
According to ForwardKeys, Istanbul’s growth is partly due to the success of specific routings, including New York and Los Angeles to Tel Aviv; San Francisco to Delhi; London to Antalya; Hamburg to Antalya; and Frankfurt to Tehran. The most significant increases in transiting traffic at Istanbul Atatürk are from Russia, where bookings are +70% ahead of Q1 2017, followed by the USA at +52%, Germany (+35%), the UK (+30%), India (+17%), and China (+5%).
This growth is bound to increase with the opening of Istanbul New Airport on October 29. The airport will be the world’s new aviation hub serving up to 90 million passengers and hosting around 2,000 flights to 350 destinations. With its 100,000 sq. m retail area – the largest of its kind in the world – it will also offer an impressive array of food and beverages and a wide variety of stores.