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Wednesday, 19 April 2017

Emirates Trims U.S. Flights After Trump's Bans Cut Demand - Bloomberg

Emirates Trims U.S. Flights After Trump's Bans Cut Demand - Bloomberg:

"U.S. airlines stand to benefit from flight cutbacks by Dubai-based Emirates, which blamed President Donald Trump’s travel restrictions for weakening demand from Middle Eastern passengers. Emirates will pare service to five U.S. cities after the U.S. banned on-board electronics on flights from some Middle Eastern airports and attempted to block travel from six predominantly Muslim nations. That trims competition from the biggest Persian Gulf carrier -- a persistent irritant to long-haul U.S. operators that see it as an unfair rival. “Any reduction in capacity from them is only a good thing for U.S. airlines,” said Joe DeNardi, an analyst at Stifel Financial Corp. “To some extent it was an unintended byproduct of Trump’s plans.”"



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