Gulf airlines faced less optimistic growth in 2011 due to
global slowdown that made the expansion of the industry more complicated and
caused delays in deliveries. Surging oil prices and tensions in the Middle-East
weighted on the companies' income. Despite challenges, carriers managed to
expand last year but taken cooling demand in 2012 the companies' wellbeing is
likely to suffer. The industry growth pace slowed to 3.6% in October on a
yearly basis as compared to 5.6% in September, according to IATA data.
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