Thursday 26 September 2013

Local airlines’ global role key to Arabian Gulf’s diversification | The National

Local airlines’ global role key to Arabian Gulf’s diversification | The National:

"Arabian Gulf airlines are crucial in helping their home countries diversify their economies and reduce their reliance on oil exports, says the International Air Transport Association (Iata).

The airlines do this through their success as aviation hubs for the global trading of goods and services.

“The success of Gulf carriers attracting long-haul connecting traffic over their hubs is also a key factor behind the expected growth [of the Gulf carriers],” said Brian Pearce, the chief economist of Iata, said:"

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