For airlines, flexibility key to coping with US-China trade war: Emirates executive
Airlines must be “flexible” to deal with the consequences of a trade war between the US and China, a senior Emirates executive said Friday. Earlier in the day, the United States and China imposed duties on $34b 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,” said Hubert Frach, a divisional senior vice president for Emirates. “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.”<br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-07-09/unaligned/for-airlines-flexibility-key-to-coping-with-us-china-trade-war-emirates-executive
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For airlines, flexibility key to coping with US-China trade war: Emirates executive
Airlines must be “flexible” to deal with the consequences of a trade war between the US and China, a senior Emirates executive said Friday. Earlier in the day, the United States and China imposed duties on $34b 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,” said Hubert Frach, a divisional senior vice president for Emirates. “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.”<br/>