By Tom Arnold
Gulf airlines say they have 'no immediate plans' to slash fares as fuel prices drop.
Other Gulf airlines have said they have no immediate plans to follow rival Emirates and drop ticket prices in response to a fall in oil prices.
Emirates announced on Wednesday it had cut a number of its Business and Economy Class fares for tickets issued in the UAE, as fuel prices continued to soften.
But despite oil prices this month dropping to below $70 for the first time in 15 months, several airlines in the region Arabian Business spoke to have ruled out slashing their fares immediately in response.
A spokesman for Abu Dhabi-based Etihad Airways said: “Etihad seeks to offer competitive ticket fares and promotions according to market conditions and demand in each of the markets it serves.
"The airline constantly reviews its ticket prices and has no immediate plans to reduce fares.”
Also ruling out an immediate fare reduction, a Qatar Airways spokesman said: “All our fares are priced according to market conditions and our prices remain very competitive.”
Alec Peck, director of corporate communications for Gulf Air, said: “We are continually looking at the situation but there are no immediate plans to drop the fuel surcharges.”
Speaking on Monday, Adel Ali, chief executive officer of low cost airline Air Arabia, said the level of its fuel surcharges continued to be reviewed all the time and its fares would be adjusted according to fuel prices.For all the latest transport news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Typical... Hike up the price when you have an excuse, then leave it high when prices drop and tell us it's because " our prices remain very competitive" YOU MEAN EXPENSIVE, BUT WERE ELSE WILL YOU GO? Emirates have dropped there prices, WHEN will this happen, next year? It seems, this year to fly home for christmas is far more expensive than last year. Another "RIP OFF SERVICE".
Qatar Airways is charging 3960 QAR for a return direct 6 1/2 flight to Bangkok. I can fly return from London Heathrow to Bangkok for the same price on other airlines. How can Qatar Airways justify charging the same price from Doha as other airlines charge from London, which is twice as far away??? How is this anything but a rip-off?