Firstly, the source is the Kuwaiti Civil Aviation Authority, which supplies its firgures to the ICAO as well. So the figures are reputable and accurate and correct. Their figures (which they get from the airlines) are cross-checked with the Ministry of Interior's figures (since that Ministry handles KWI's passport control departure point). Once verified, the Civil Aviation makes a press release (monthly) with the numbers, and then posts them onto their website.
So rest assure that they are accurate and reliable to use.
Secondly, with regards to growth, I'll just quote you what the media have about Kuwait and its growth.. Here's some examples of new coverage:
Kuwait, March 2004: Results in a leading hospitality consultancy survey revealed this week that Kuwait City has jumped to top spot in worldwide rankings for hotel occupancy rates in 2003 – and achieved second place for revenue per available room (RevPAR) as well as third-place ranking for average room rate.
Starting March 2004, visitors from the US, Western Europe, Southeast Asia, Australia and New Zealand have obtained entry visas upon arrival to Kuwait; unlike previously when visas needed to be secured in advance. “With the implementation and ongoing improvement of the new visa scheme and the addition of relaxed foreign investment policies allowing 100 percent foreign ownership in tourism, Kuwait’s tourism industry stands to prosper.”
Here's what Le Meridien had to say about Kuwait (and this was last year) and their reason for building 5 hotels over over a period of 3 years.
Foreign companies vying to do business in Iraq also started using Kuwait as a base or transit point, boosting demand for domestic goods and services. The increased sense of stability in Kuwait also served to improve the business environment domestically.
isn't get much of this increase in passenger movement at KWI. June 2004 in fact, they got 49% of the passenger movement only. Usually, they average between 55-59%, not this time. Other airlines are getting lion share of KWI movement.
Most notably, aviation-wise, other airlines are responding to this growth at KWI by adjusting/introducing their schedules as follows:
British Airways - daily service 777 has changed during summer to become 4x 744 service. Also, withe BA
's redirected flights into Saudi, they have chose KWI as their base to stop over all their saudi-bound flights (8 weekly) where their crew off-load here. Total BA
arrivals 15 weekly into KWI (out of the 15, 12 flights have traffic rights to carry passengers LHR
-KWI, but not KWI back to LHR
Ariana (of Afghanistan) starts to Kuwait effective 19 July, 1x weekly. Second destination for them in the Gulf, after DXB
Malaysian (MH) started services to Kuwait (July 2nd 04) on a 'temporary' basis (to test the market) flying 1x weekly KUL
. Airbus 330.
Air France commenced KWI services 15th of June. After a 6 year absence. 3x weekly on their 'Dedicate' service (which uses the A.319)
-KWI and back used to be 5x then 6x and now daily service.
KLM from 4x weekly, went up to 5x and now they are at 6x weekly 767 services AMS
Qatar Airways from 7x to 10x effective 5th of July 2004.
These are just thefromt he top of my head. For more info, log onto Kuwait-airport.com.kw for full flight schedules.
I'm sure these facts reflects the reality of the 40% passenger increase at Kuwait.
Finally, what Gulf Business wrote about Kuwait in their feature article in their June 2004 issue:
The resurgence of the Kuwait economy since the end of the Iraq War has been one of the most dramatic ever seen, says Omar Abdallah, head of equity research at Gulf Investment Corporation (GIC).
Full article: http://www.gulfbusiness.com/html/articleview.asp?cid=1142
However if you do have any further questions, by all means, pass them on. It's only fair to ask if one is unsure. I'm fully respective of that.
Afterall, should I not be living here myself and reading the daily economic news of the country and seeing all the growth here, I myself would be scpetical about that 40% increase figure.
Cheers & apologies for the long post. Guess it should just be seen as information backup.
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