VOL. XLIV

No 43

22-October-2001

SAUDI ARABIA

Regional Airlines Cut Flights AsInsurance And Financial Costs Mount

Airlines based in the Middle Easthave cut back routes, delayed or cancelled the delivery of new aircraft andraised fares for passengers flying both within the region and to non-regionaldestinations as insurance costs and cancellations continue to undermineprofitability, according to a MEES survey of carriers. Prior to the 11September attacks on the US, regional carriers were already...