Low-cost carriers flying to Russia are vital to the recovery of the country's tourism business and can expect to see a 13 per cent annual increase in the number of Russian passengers over the next four years, a recent study showed.
Egypt's central bank has said that it would allocate 10 billion Egyptian pounds ($1.44 billion) for low-cost housing projects, one of the demands in protests that led to the ouster of autocratic President Hosni Mubarak in 2011.
Budget carrier flydubai, which does not hedge its fuel costs, is being hit by persistently high oil prices which have left it more exposed to short-term volatility than rival carriers, its chief executive said.
High fuel prices have crimpe
British low-cost airline easyJet said third-quarter revenues grew almost a quarter, helped by an uplift in the number of business travellers flying with the carrier.
The Luton, southern England-based airline yesterday said revenues for the
Troubled low-cost Saudi carrier Sama on Saturday told its staff that most of them will have to be laid off immediately after talks with the government failed to yield a commitment to support the loss-making company.
The private firm suspen
UAE-based budget airline Air Arabia has signed a joint venture agreement with Jordan's Tantash Group to launch a new low-cost carrier based in Amman, it said on Monday.
Arabia Jordan will be Jordan's first low-cost carrier and, bas
The group chief executive officer of Air Arabia, the Mena’s first and largest low-cost carrier, has been named 'Airline CEO of the Year' by Aviation Business magazine, the leading industry title in the Middle East.
Adel Ali receive
Kuwait's low-cost carrier Jazeera Airways, which expects consolidation among Middle Eastern budget airlines, is on the prowl for acquisitions, its chief executive said on Monday.
Stefan Pichler, speaking on the sidelines of a conferenc
Air Arabia, a leading low-cost carrier in Mena, has unveiled new low fares during the winter season to all 46 destinations from its hub in Sharjah.
These low fares come with the additional benefit of free baggage allowance of up to 32 kg a
Flydubai, Dubai’s first low cost airline, added Aleppo to its list of operational destinations this morning when its inaugural flight touched down in Syria’s second largest city.
Flight FZ223 took off from Dubai International Airport at 08