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Emirates president Tim Clark warns that weaker airlines could fail if the Iran war drags on, with budget carriers most exposed, but says his airline has no plans to cut capacity despite financial pressure from the conflict, Reuters reports.
“If this crisis goes on for too long, there will be some casualties, likely in the budget airline sector first,” Clark has said, echoing comments by International Air Transport Association chief Willie Walsh.
Clark has said Emirates would keep flying, routing passengers via Dubai to destinations including India and Australia and taking precautions such as carrying extra fuel.
