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Old Dec 15, 2003 | 10:02 am
  #11  
ExMo
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Join Date: May 2000
Location: Boca Raton, FL DL FO/MM AA EXP SPG PLT
Posts: 968
While I do not know how the revenue on a OWE is split up, it seems logical that all of the carriers would subscribe to a price increase ex-CAI. The Egyptian Pound continues to deteriorate against most world currencies. This means substantially less home currency revenue for each OW airline carrying OWE pax who ticket in CAI.

A BA CTO manager in CAI told me earlier this year that they recognized the surge in RTW demand ex-CAI was due to the very weak EGP and that something would be done about it if the weakness continued. It has so their rumored action is not unexpected. After all, we have seen it happen in other places with currency issues, most notably South Africa.
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