Pursuits
Gulf Carriers Outdo Europe in Cargo Growth: Freight Markets
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Qatar Airways Ltd. and Emirates, already luring passengers from British Airways and Air France, will extend the contest to the $68 billion air-freight market by turning their bases into global cargo hubs.
Emirates, the world’s biggest airline by international passenger traffic, aims to add as many as 18 cargo planes in Dubai, while Doha-based Qatar Air is converting 15 passenger jets to freighters and buying 33 percent of Cargolux Airlines International SA, Europe’s biggest freight-only carrier.