Emirates CEO warns of ‘Hyper-Change’ in Industry: Cuts Costs & Introduces New Passenger Charges

wowzimmer

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Jan 15, 2017
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As per Tim Clark, CEO of Emirates:
"The cocktail of overcapacity, price wars, low yields, rising oil prices and a strong US dollar has slammed into our revenue and profits.”
Coining a new phrase, the 67-year old President of Emirates cautioned: “Hyper-change is the only constant.”

New charges:
Option to buy access to business class lounge
Advanced seat selection

Small cost cutting measures include removing newspapers, hot towels, pre-ordering certain meals.

http://www.paddleyourownkanoo.com/2017/02/14/emirates-ceo-warns-of-hyper-change-cuts-costs-introduces-new-passenger-charges/