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Old 17th Jan 2011, 14:46
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The SSK

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I also predict there will be increasing complaints about the growth plans of the Gulf carriers.

People may wonder what is the rationale for just three carriers (two of which have never made a penny profit) coming from two countries with a combined population of just 6.5m, to place orders for a hundred billion dollars’ worth of longhaul aircraft.

Why one carrier (Qatar), with a home market of 1.5m, should presume to grow its longhaul fleet in the next five years by the equivalent of one British Airways, or one Lufthansa, or one Air France.

Why one carrier (Emirates) should presume to grow its longhaul fleet (including options) in the next five years by the equivalent - almost - of the entire US airline industry's widebody capacity.

These megalomaniacal expansion plans may be a source of pride in the Gulf region, in the rest of the world they are viewed with the deepest suspicion.
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