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Monday, 28 November 2011

Gulf carriers face expansion challenges

Performance of Emirates over the past few years stands out as exceptional, according to the report. (Reuters)
Air passenger flows to and from the Gulf are expected to reach 140 million by 2015, led by the region's big three carriers, but there will be significant challenges as these airlines pursue aggressive expansion plans, Boston Consulting Group (BCG) has warned. In its latest report, BCG says that Middle East airlines -- led by Emirates, Etihad, and Qatar Airways -- are expected to triple their capacity over the next 20 years. Emirates, the region's largest carrier, is on track to become the largest operator of wide-body aircraft in the world by 2016, with Qatar Airways and Etihad not far behind in the ranks of the top 20, the report added. Read Full: Gulf carriers face expansion challenges - Indian Express