The Business Times
business-time-50
SUBSCRIBERS

US airlines blame unfair competition for losing market share to Gulf carriers

google-preferred-sourceAdd BT as a preferred source
Published Wed, Feb 11, 2015 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Washington

US AIRLINES have lost at least five percentage points of their share of flight bookings from the United States to the Indian subcontinent and South-east 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.

Copyright SPH Media. All rights reserved.

Reuse this contentFeedback

TRENDING NOW

DBS filed the bankruptcy application after serving statutory demands to the directors of Autobahn Rent A Car in December 2025.

Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS

The price tag for the Nassim Road GCB works out to nearly S$4,550 per square foot.

Nassim Road bungalow changing hands for S$64.9m 

The acquisition of Citigroup's retail banking businesses in Indonesia, Malaysia, Thailand and Vietnam has helped double UOB’s customer base across the four markets.

UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates

Loyang Valley sits on a 840,648 sq ft plot of land, which now houses 362 apartments.

Loyang Valley sold for S$880 million to SingHaiyi-led consortium

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More