Discount carriers fare well in the Middle East

11/14/2013 | New York Times (tiered subscription model), The

Over the past decade, several discount carriers started serving the Middle East. Experts say the low-cost market has grown 20% annually for the past five years. "The amount of people in the region with medium to low salaries is huge, which has allowed low-cost airlines to grow very fast, especially for destinations like Saudi Arabia and India," said Alessandro Borgogna, a vice president and aviation expert at the consulting firm Booz & Co.

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