Gulf airline giants forge跨 border links expanding hubs abroad
Gulf carriers led by Etihad Emirates Qatar Airways are expanding cross border partnerships to feed networks and grow fleets as U S and Australian airlines struggle. Etihad has acquired stakes in four carriers since December while codeshares with Aer Lingus and talks with Qantas and Cargolux signal broader alliances.
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Ford and GM Lose Ground to Japanese Rivals in July
GM July sales fell 6 percent and Ford dropped 4 percent as Honda rose 45 percent and Toyota gained 26 percent. Chrysler posted its best July in five years while Nissan and Infiniti led gains for Nissan. Volkswagen offered zero percent financing as July demand improved overall.
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