Loading
9-Jul-2010 10:18 AM

European carriers feel pressure from Middle East airlines: CEO

Air France-KLM CEO, Pierre Henri Gourgeon, stated European carriers are facing increased competition from Middle Eastern airlines, stating: “These carriers are not private, commercial carriers; they are owned and financed by rich states” (Bloomberg, 08-Jul-2010). He added that Air France plans to remain competitive through the JV which broadens its network, increase revenues and reduce costs.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More