In Part 1 of this work, new experimental data on high viscosity oil-gas flow in inclined downward flow were presented. Flow patterns transitions were identified and analyzed, and the performance of some flow pattern prediction models was validated. This study uses the same experimental data set generated for a mixture of air-oil (with a viscosity of 213 mPa Á s) flowing in a 50.8 mm internal diameter pipe with inclination angles of −45 , −60 , −70 , −80 , −85 for a ranges 0.05 m/s-0.7 m/s and 0.7 m/s-7 m/s of superficial liquid and gas velocities, respectively, to investigate holdup and pressure gradient behaviour. The holdup and pressure recovery effects are explained in terms of the predominant transport mechanism through phase slippage and the mechanical energy balance. For a constant superficial liquid velocity, the average-liquid holdup results show a discernible behaviour dependent on the relative velocity between phases (slip velocity). Consistently, results show a switch between the gravity or shear forces transport mechanism, that coincides with the switch of a sign of the total pressure gradient (pressure recovery effect). Performance analysis of the available mechanistic models has been presented. The results are not satisfactory, which justifies the need for a detailed study of the effects of viscosity and the inclination of the pipe in liquid-gas mixtures.