13-Oct-2009 1:15 PM
AirArabia sees yield dilution, Jazeera expects 2009 profit and sees LCC consolidation ahead
Analysis
Air Arabia CEO, Adel Ali, stated Middle East airlines are suffering more severely from yield dilution than carriers in other regions worldwide, due to excess capacity as a result of strong regional ordering, new market entry and the global economic downturn affecting passenger numbers.
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