Emirates, Dubai's flagship carrier, doubled its first-half profit, carried more passengers and surged ahead with its growth plans, leaving its struggling European and Asian rivals trailing.
The government-owned airline, along with other state-backed Gulf carriers Qatar Airways and Etihad Airways, has invested in new routes as European airlines, hit by high fuel costs and a global market slowdown, cut costs and shelve growth plans.
Emirates and its home base Dubai are betting that its location - a third of the world's population is within a 4-hour flight radius - will continue to attract passenger traffic away from other global hubs such as London, New York and Singapore.
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