Syria ranked 92nd in the world in the 2012 edition of the Logistics Performance Index of the World Bank, a survey that measures the logistics “friendliness” of a country.
The sale of new cars declined 51 percent last year in Damascus, according to a local-government official.
SIVECO, a car assembly company, has reported a 16.8 percent decline in its 2011 sales and a steeper 92.0 percent decrease in its after-tax profits.
Syrianair, Syria’s state-owned national carrier, is benefitting from the withdrawal of international companies from the market and the unrest in various parts of the country to increase the size of its operations.
Turkish Airlines, one of the few remaining international carriers still flying to Syria, announced that it will stop all flights to the country starting April 1.
Air France, the only remaining European carrier to fly to Syria, has suspended its flights to Damascus, according to local travel agents.
Updated February 23: The number of vehicles on Syrian roads rose 7.88 percent to 2.21 million last year, according to the Ministry of Transport.
Gulf Air and Saudi Arabia Airlines have announced that they were closing their flight services to Damascus.
Damascus Cargo Village, a company handling cargo and warehousing facilities in Damascus International Airport, has reported a steep decline in its revenues and profits last year.
The attacks on Syria’s railway network in the last few months cost the Syrian Railways Organisation, the country’s rail transporter, an estimated SYP 1.7 billion, George Muqaabari, the head of the company, said.
Starting February 16 Syrianair will operate four weekly flights to Iraq on the back of the growing economic ties and religious tourism between the two countries, according to Ghaidaa AbdulLatif, its General Manager.
Syria’s Ministry of Transport said that total activity at its two ports of Lattakia and Tartous declined last year, although by relatively limited proportions.
Al-Ahliah Transport, one of the largest passenger transport companies in the country, announced a 30 percent decline in revenues last year on the back of the unrest resulting from the popular uprising that began in March.
The Damascus Governorate has raised taxi fares following the increase in gasoline prices decided at the end of the year.
Containers traffic at the Port of Lattakia declined 10 percent last year compared to 2011 according to the Lattakia International Container Terminal Company.