Topic Author
Posts: 552
Joined: Sat Nov 24, 2001 6:46 am

Mid-East Protest, Iran Etc. To Effect EK & Others?

Mon Feb 06, 2006 3:14 am

It has been estimated that the recent protests against several European countries in the Muslim world will last a long time. Besides the violence, the boycotts of e.g. Danish products all over Middle East are spreading fast. Then another relevant issue is that people in the respective Western countries seem to support their own newspapers and governments, and might in a way boycott products and services coming from the Middle East. Many Scandinavian governments have already issued a warning against travel to countries like Egypt, UAE, Jordan, Israel, Saudi-Arabia etc.

When both business and personal interests suffer, will the airlines serving these countries suffer too, and how much? Who would be the biggest losers?
Posts: 261
Joined: Sun Feb 13, 2000 6:36 am

RE: Mid-East Protest, Iran Etc. To Effect EK & Others?

Mon Feb 06, 2006 4:18 am

Arguably (hardly) the most important product coming out of the entire mid-east is oil. So a boycott of the region by any country is pretty much out of the question. Besides, the US (among others) has issued travel warnings for citizens living in Israel, etc. Nothing is really new, just more intensified anger at a particular target. Iran is just upping the rhetoric right now and what happened with the cartoons in the paper is sad, but will eventually pass.

So for the airlines, El Al will keep devouring cash as nothing changes. Emirates, etc. will continue flying their routes both within the mid-east and the world and will continue to bring in the bucks. Ultimately the people who lead these boycotts aren't the ones who would travel to Jordan, Syria, Iran, or the UAE anyway. The people who use these airlines are the ones with family or business interests in the region.
Posts: 12262
Joined: Sat Sep 11, 2004 6:29 pm

RE: Mid-East Protest, Iran Etc. To Effect EK & Others?

Mon Feb 06, 2006 3:56 pm

if anything..it would kill sales for the A380 (and potential 748) as carriers would need to scale down...

but I doubt this will "last a long time" as the thread starter has said....
"Up the Irons!"

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