Mideast carriers ignore economic surroundings and continue growth
The euro zone may be in turmoil, fuel prices may be skyrocketing and their financial results hurting, but Middle Eastern airlines are continuing to add capacity. By 2030, traffic in the region will have tripled, mirroring that of Europe, Asia or North America today, according to Airbus forecasts. Emirates has made a fundamental strategy decision to continue growing despite a rather dramatic earnings slump in the first half of 2011. “We have been held back too many times and we have ...
ACCESS THIS PREMIUM CONTENT
"Emirates Starts To De-Peak Its Dubai Hub" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…