Etihad, QR, Emirates or vice versa.
I am watching this incredible development of the aviation industry in the Middle East and wonder where that is all going to end. All the airlines have basically the same commercial concept such is: “developing of transit traffic using the hub in the ME”.
All the airlines, I am talking about mayor players, invest billions of dollars in fleet expansion opening new routes, increasing the frequencies and so on. For instance QR has signed the deal for 5,1 billons, Etihad for 7,1 billions, Emirates has ordered about 34 A 380.
Emirates will have about 140 airplanes (not sure about the figures), QR something about 60, Etihad about the same, all flying to the same destinations. And than there is still the GULF AIR. The only way to compete is to damp the prices, while maintaining the same service level.
Isn’t it going to be like the bubble, which is about to burst soon. And if its going to happen, who do you think is going to die and who will be there and in which ranking?
I would appreciate your thoughts and comments,
Thanks.
