Aggregated GCC Business and Finance News (copyright to all articles remain with the publisher)
Monday, April 1, 2013
Air France-KLM chief urges Europe to restrict Gulf carriers
The chief of Air France-KLM has urged European governments to curb access to markets for Gulf carriers unless they demonstrate that they are competing on a level playing field with their EU rivals.
Speaking to the Financial Times, Jean-Cyril Spinetta said it would be “suicide” for EU member airlines if restrictions on Gulf airlines flying into European airspace were removed unless it is accompanied by assurances about fair competition.
“If you compete with [Gulf carriers] in an open sky situation, it’s sort of suicide. It means European air will disappear,” the chairman and chief executive of Air France-KLM said.
Read more: http://www.arabianbusiness.com/air-france-klm-chief-urges-europe-restrict-gulf-carriers-496195.html
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