عربي English Türkçe اردو فارسى
Logo
Latest News
Business

GACA Issues Airport Performance Report for August 2023

The General Authority of Civil Aviation (GACA) issued on Sunday its August report on the performance of domestic and international airports in Saudi Arabia.
The General Authority of Civil Aviation (GACA) issued on Sunday its August report on the performance of domestic and international airports in Saudi Arabia.
TT
TT

GACA Issues Airport Performance Report for August 2023

The General Authority of Civil Aviation (GACA) issued on Sunday its August report on the performance of domestic and international airports in Saudi Arabia.
The General Authority of Civil Aviation (GACA) issued on Sunday its August report on the performance of domestic and international airports in Saudi Arabia.

The General Authority of Civil Aviation (GACA) issued on Sunday its August report on the performance of domestic and international airports in Saudi Arabia.

Airports are assessed according to 14 basic performance measurement criteria. The assessment comes in implementation of the strategic directions aimed at improving the services provided to and the traveler experience across the Kingdom’s airports.

King Abdulaziz International Airport (KAIA), King Fahd International Airport (KFIA), Abha International Airport, Prince Nayef Bin Abdulaziz Regional Airport in Qassim and Gurayat Domestic Airport came top in the report.

For fairness in evaluating the performance of airports, GACA divides their performance into five categories.

Among international airports with more than 15 million passengers annually, Jeddah’s King Abdulaziz International Airport came in first place, with a compliance rate of 91%, followed by Riyadh’s King Khalid International Airport with 82%.

In the category of international airports with five to 15 million passengers annually, KFIA led with a compliance rate of 82%, Prince Mohammad bin Abdulaziz International Airport achieved a compliance rate, of 82%, and KFIA outperformed Prince Mohammad bin Abdulaziz International Airport in terms of the average waiting time for arriving and departing flights.

Among international airports with two to five million passengers annually, Abha International Airport came in first place, with a 91% compliance rate and King Abdullah bin Abdulaziz International Airport in Jizan followed with an 82% compliance rate.

In the category of international airports with less than two million passengers, Prince Nayef Bin Abdulaziz Regional Airport achieved a 100% compliance rate, outperforming peers in terms of total average waiting time for departing and arriving flights.

Regarding domestic airports, Gurayat Domestic Airport came on top with a 100% compliance rate, surpassing peers in terms of total average waiting time for departing and arriving flights.

Most Viewed

 
 
Business

Oil Prices Held Down by Trump Tariff Uncertainty

FILE - Pump jacks extract oil from beneath the ground in North Dakota, May 19, 2021. (AP Photo/Matthew Brown)
FILE - Pump jacks extract oil from beneath the ground in North Dakota, May 19, 2021. (AP Photo/Matthew Brown)
TT
TT

Oil Prices Held Down by Trump Tariff Uncertainty

FILE - Pump jacks extract oil from beneath the ground in North Dakota, May 19, 2021. (AP Photo/Matthew Brown)
FILE - Pump jacks extract oil from beneath the ground in North Dakota, May 19, 2021. (AP Photo/Matthew Brown)

Oil prices were little changed on Thursday, maintaining almost all of the previous session's losses on uncertainty over how US President Donald Trump's proposed tariffs and energy policies would affect global economic growth and energy demand.

Brent crude futures were up 18 cents at $79.18 a barrel by 1315 GMT. US West Texas Intermediate crude (WTI) rose 14 cents to $75.58.

"Oil markets have given back some recent gains due to mixed drivers," said Priyanka Sachdeva, senior market analyst at brokerage Phillip Nova.

"Key factors include expectations of increased US production under President Trump's pro-drilling policies and easing geopolitical stress in Gaza, lifting fears of further escalation in supply disruption from key producing regions."

The broader economic implications of US tariffs could further dampen global oil demand growth, she added, Reuters reported.

Trump has said he would add new tariffs to his sanctions threat against Russia if the country does not make a deal to end its war in Ukraine.

He also vowed to hit the European Union with tariffs and impose 25% tariffs against Canada and Mexico. On China, Trump said his administration was discussing a 10% punitive duty because fentanyl is being sent from there to the United States.

On Monday he declared a national energy emergency intended to provide him with the authority to reduce environmental restrictions on energy infrastructure and projects and ease permitting for new transmission and pipeline infrastructure.

There will be "more potential downward choppy movement in the oil market in the near term due to the Trump administration's lack of clarity on trade tariffs policy and impending higher oil supplies from the US", OANDA senior market analyst Kelvin Wong said in an email.

On the US oil inventory front, crude stocks rose by 958,000 barrels in the week ended Jan. 17, according to sources citing American Petroleum Institute figures on Wednesday.

Gasoline inventories rose by 3.23 million barrels and distillate stocks climbed by 1.88 million barrels, they said.