26-Jan-2011 9:31 AM
Shift in balance of power as emerging markets catch established regions: OAG
Analysis
The past decade has revealed a shift in the balance of power as emerging markets rapidly catch up with established regions in terms of size, according to OAG. The mainstay of the decade's expansion has been the development of LCCs fragmenting the hub system, as well as the Middle Eastern hub carriers rapidly developing new transfer markets between Europe, Africa and Asia.
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