For airlines, flexibility key in coping with trade war: Emirates executive

'If one market is showing some weaknesses, you either work harder and you try to find new market segments,' he said

Emirates
Reuters Santiago
Last Updated : Jul 07 2018 | 8:27 AM IST

Airlines must be "flexible" to deal with the consequences of a trade war between the United States and China, a senior Emirates executive told Reuters in Santiago on Friday.

Earlier in the day, the United States and China imposed duties on $34 billion (£25.6 billion) worth of each other's imports, with Beijing accusing Washington of triggering the "largest-scale trade war" as the world's two biggest economies escalated their conflict.

"As an airline, you always have to be flexible, you have to be fluid in what you are doing," Hubert Frach, a divisional senior vice president for Emirates, said on the sidelines of an event in Chile's capital.

"If one market is showing some weaknesses, you either work harder and you try to find new market segments, or mid-term or long-term you will allocate your fleet and you change the shape of your network."

Frach was visiting the South American country for the inauguration of a new route that connects Santiago and Dubai, via Sao Paolo.

Emirates, which has dozens of flights connecting cities in China with destinations in the West, will compete on the Santiago to Sao Paolo route - one of the most popular in South America - mainly with regional giant LATAM Airlines and Colombia's Avianca.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 07 2018 | 8:27 AM IST

Next Story