CaspianReport

Geoeconomics of the Gulf airlines (2017x19)

: 16, 2017

Over the past two decades, the airlines in the United Arab Emirates and Qatar have overturned the commercial aviation industry. Currently, there are more than 150 aviation-related projects in the region, with a combined value of nearly 60 billion USD. As such, the monarchies in the Gulf region are home to some of the largest long-haul carriers in the world. However, in wake of tensions across the Persian Gulf, Saudi Arabia, the United Arab Emirates, Bahrain and Egypt have closed their airspace to Qatar. This disruption to air travel has raised concerns for the future of the airlines across the region. In this report, we’ll go over the aviation implications of the current crisis. But, we will also explain how the geo-economic circumstances have contributed to the success of Qatar Airways, Emirates Airline and Etihad Airways.