Asian airlines' Europe windfall fades as Gulf rivals rebound
- Posted on July 1, 2026
- By Business News Today
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- 1 min read
Asian airlines' Europe windfall fades as Gulf rivals rebound
Asian airlines that benefited from higher fares and passenger numbers on European routes due to the Iran conflict are now facing declining advantages. Gulf carriers have resumed flights, offering lower prices, leading to a gradual erosion of market share gained by airlines like Singapore Airlines and Cathay Pacific.
