Tuesday 15 July 2014

Rapid expansion of Gulf airlines squeezes out European rivals | The National

Rapid expansion of Gulf airlines squeezes out European rivals | The National:



"Europe’s big airlines are being hit hard by the rapid expansion of Arabian Gulf rivals in the US amid a looming transatlantic price war.



Etihad Airways and Emirates Airline will both boost capacity on US routes by more than a quarter this year, adding thousands of new seats every week to routes that include Los Angeles and Boston. Qatar Airways last week added a direct daily service between Doha and Dallas-Fort Worth.



Their US offensive comes as European carriers including Air France-KLM and Lufthansa warn that competition on US routes could hit profits this year."



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