Gulf airlines have double advantage, says Swiss airline chief | The National:
"Arabian Gulf carriers benefit from an aero-political strategy that their European counterparts lack, according to the chief of the Swiss flag carrier.
Such political support and access to capital give them two key advantages over European carriers struggling amid cut-throat competition.
“The Gulf carriers have a fantastic situation because they have a government which is following an aero-political strategy, which is missing in Europe,” said Harry Hohmeister, the CEO of Swiss International Air Lines, on the sidelines of the annual general meeting of the International Air Transport Association [Iata], in Doha yesterday.
“Then of course they have a lot of capital available This is a second advantage they have. Therefore, they are of course performing with high growth rates, which of course are not related to the market itself,” he added."
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