Page 73 - WTM Cities Report
P. 73
Qatar Airways is clearly the main loser of the turmoil, with the Saudi government cancelling all licences for the airline to y in its airspace, meaning 52 daily ights are a ected. According to aviation consultants Frost & Sullivan, around 30% of Qatar Airways’ revenue could be a ected.
However, the ban also a ects the other airlines, as the UAE airlines have signi cant exposure to the Qatari market. It is therefore unlikely that there will be any winners in the short term.
MIDDLE EAST AND AFRICA
© 2017 Euromonitor International 70
