Monday, February 29, 2016

Fight in the skies: GCC price war over airfares

Travellers in the UAE are reaping the benefits from a price war among the major Gulf airlines who are fighting for regional market share.

The airlines are increasingly competing head-to-head on many Middle Eastern routes with their hubs only a short distance from each other. The falling oil price has helped cut fares with fuel often the single largest operating cost of carriers worldwide.

Emirates, Etihad Airways and Qatar Airways have launched promotions this year that has seen the average fare on some Middle East routes from the Emirates drop by more than 10 per cent.

According to data from travel portal Cleartrip, the average Emirates round-trip fare from the UAE to a destination in the Middle East last January was Dh1,441, 17.6 per cent cheaper compared to the same month in 2015.
28/02/16 Albawaba
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