Emirates eyes changes amid “gathering storm” of low-cost long-haul rivals

Author: ReutersThu, 2017-03-09ID: 1489067279097988100
BERLIN: Emirates, the world’s largest long-haul airline, is stripping out costs from its business as it adapts to weaker markets and a stronger dollar and the rise of low-cost long-haul rivals, the carrier’s president said on Thursday.
Changing economic conditions are forcing state-backed Gulf airlines, who have moved into many foreign markets from Asia to South America in recent years, to revise their business models and slow their once rampant growth in capacity.Main category: Business & EconomyTags: Emirates AirlinetourismTravelair carriers