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Europe's Airlines See Iran War Window to Challenge Gulf Rivals

Financial Times Companies •
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With Gulf rivals Qatar Airways grounded and Emirates/Etihad flights limited, Europe's airlines see a fleeting chance to reclaim Asia travel business. Qatar Airways is operating with only very limited flights, while Emirates and Etihad have reduced connecting services. Demand remains strong between Europe and Asia, offering a window if European carriers can offer alternatives. Boeing and Airbus delays constrain supply, forcing airlines to reallocate planes from profitable routes. Lufthansa and British Airways have announced new Asia routes but face challenges in execution and competition from Gulf carriers who may slash prices once airports reopen. The opportunity is narrow and temporary, dependent on the Iran war's duration.