Articles tagged “middle east”

Emirates Is First Major Airline to Launch Basic Business Class Fare

Emirates Is First Major Airline to Launch Basic Business Class Fare

Colin Nagy, Skift

Emirates has fired the first salvo in the unbundling of business class fares. Now you can buy just the seat, with none of the other trimmings that travelers are used to with top-tier carriers. It's a pragmatic strategy, one that gives more choice to travelers. The tension will now be maintaining that great luxury brand halo and still letting the premium cabins do the marketing hard yards for the carrier.

7 days ago

Fast-Growing IndiGo Has Emirates in Its Sights

Fast-Growing IndiGo Has Emirates in Its Sights

David Fickling, Bloomberg

Can India's low-cost airline IndiGo strike while Emirates is still trying to recapture its mojo, or will the might of the Gulf carrier win out?

4 weeks ago

Emirates Blames Higher Oil Prices for Profit Spiral

Emirates Blames Higher Oil Prices for Profit Spiral

Layan Odeh, Bloomberg

It's been a tough year for Emirates as it has attempted to rebalance its network in favor of more profitable routes — a situation rising oil prices didn't help.

2 months ago

Etihad Airways Has Amassed $4.8 Billion in Losses

Etihad Airways Has Amassed $4.8 Billion in Losses

Christopher Jasper, Bloomberg

Out of annual revenue of $5 billion, $4.8 billion in losses is a lot to have piled up over the years. State-backed Etihad must fix its business model built around both hubs in a volatile region and its investment stakes in troubled carriers.

3 months ago

Saudi Arabia Lifts Its Travel Warning for Lebanon

Saudi Arabia Lifts Its Travel Warning for Lebanon

Dana Khraiche, Bloomberg

Saudi Arabia has lifted a travel warning on Lebanon for its citizens. Gulf tourists used to be the biggest spenders in Lebanon, so it's hopeful news for the beautiful but geopolitically unlucky country.

4 months ago

Etihad Takes an Axe to Its Aircraft Order Book

Etihad Takes an Axe to Its Aircraft Order Book

Layan Odeh, Bloomberg

Norwegian isn't the only airline trying to scale back its ambitious expansion plans. Etihad is making its own drastic cost reductions in a bid to turn its business around.

4 months ago

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Midsize Cities Embrace Transformative Placemaking

Midsize Cities Embrace Transformative Placemaking

Abu Dhabi Convention Bureau + Skift

Midsize cities are smart to focus on transformative placemaking projects that will not only allow them to bridge together different economic strata and cultural communities, but become in-demand destinations for travel, events, meetings, and conferences.

5 months ago

Qatar Airways Slumps to Loss After Taking a Hit From Saudi-Led Blockade

Qatar Airways Slumps to Loss After Taking a Hit From Saudi-Led Blockade

Layan Odeh, Bloomberg

What doesn't kill you makes you stronger. The actions of Qatar's neighbors were always going to have an impact on the country's airline, but the reality is it could have been much, much worse.

9 months ago

The Middle East Tops List of Priciest Airbnb Cities

The Middle East Tops List of Priciest Airbnb Cities

Michael Sasso and Wei Lu, Bloomberg

The Middle East takes five spots near the top of this list of priciest Airbnb locales, but not to worry. For bargain hunters, India offers short-term rentals as low as $34.

11 months ago

Indian Online Travel Agency Cleartrip Acquires Flyin

Indian Online Travel Agency Cleartrip Acquires Flyin

Sean O'Neill, Skift

Cleartrip is the second-place competitor against MakeMyTrip in India's online travel war. Its acquisition of Flyin signals a shift in its focus to the Middle Eastern market, where the price wars are less fierce.

1 year ago

Oman Is Preparing to Be the Perfect Introduction to the Middle East

Oman Is Preparing to Be the Perfect Introduction to the Middle East

Colin Nagy

Oman represents one of the most fascinating opportunities in modern tourism. And thankfully, the country seems to be taking the right steps to realize the vast potential.

1 year ago

Emirates Is an Airline That Actually Benefits From Rising Oil Prices

Emirates Is an Airline That Actually Benefits From Rising Oil Prices

Christopher Jasper, Bloomberg

It might run counter to the usual narrative but the rising cost of fuel was actually a good thing for Emirates. It helped spur an economic recovery in the Middle East, which meant better load factors and increased yields for the airline.

1 year ago