Wednesday, February 11, 2015

Cheaper fares help Gulf carriers boost US-India route market share

US airlines have lost at least five percentage points of their share of flight bookings from the United States to the Indian subcontinent and Southeast Asia since 2008 due to fierce competition from Gulf carriers, according to data seen by Reuters.

More recently, US carriers have seen an erosion in their share of bookings to Milan, according to a report the US airlines sent to the White House and the departments of State, Transportation and Commerce. The 55-page white paper is not yet public.

The report says the combined share of bookings between the US and the Indian subcontinent for Delta Air Lines, United Airlines and American Airlines dropped to 34 per cent in 2014 from 39 per cent in 2008. The drop includes bookings on the airlines’ codeshare partners, such as British Airways and Air France.

In the same time, Emirates Airline, Qatar Airways and Etihad Airways have surpassed them. The Gulf airlines' share of that market has jumped to 40 per cent from only 12 per cent seven years ago, according to the report.
11/02/15 Emirates 24|7
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