One Airline’s Loss Is Another One’s Gain?
Travel Blog • Eva Holland • 08.06.08 | 10:17 AM ET
Or in this case: Every other airline’s loss is Emirates’ gain? The Telegraph’s Charles Starmer-Smith explains how Middle Eastern airlines—Emirates among them—are profiting from the skyrocketing price of fuel, and continuing to expand, while their American cousins cut every conceivable corner to salvage their revenue.
By 2010, he predicts, “the European and American route map may have shrunk to a size not much greater than the pre-budget airlines era and the Middle East and Far East will be the new centres of the aviation world.”
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