UAE-based Air Arabia, the largest low-cost carrier operating in the Mena region, announced that a nine per cent cash dividend for the year 2014 has been approved at its Annual General Meeting (AGM) today (March 10) in Sharjah.
Budget carrier Dubai Aviation Corp, known as flydubai, posted a 40 per cent increase in net profit in the six months to June 30, it said in an investor presentation to market its potential debut sukuk.
The unlisted airline, which
Oman Air, the national carrier of the sultanate, is not planning to set up a low-cost or budget airline, the airline's chief executive officer Paul Gregorowitsch said.
If Oman Air wants to start a low-cost carrier, it has to secure
Jordanian and Saudi businessmen are considering setting up of a joint project for a low-cost airline, a report said.
The joint airline will link Jordan and Saudi Arabia, Saudi-Jordanian Businessmen Council chairman Mohammad Al Aud
Air Arabia, a leading low-cost carrier, reported a net profit of Dh75 million ($20.4 million) for the first quarter of the year, representing an increase of 27 per cent compared to Dh59 million reported in the corresponding quarter of 2013.
Saudi Arabia-based low-cost carrier Flynas recently launched two weekly flights between Riyadh and Luxor in response to high customer demand.
Currently Flynas is operating flights between Jeddah and Luxor. Most recently Flynas has
Air India Express, a state-owned low-cost carrier, which recently cut its free baggage allowance on flights from the Gulf to India, is likely revoke the rule within one month, a report said.
A seven-member team representing Indian
AirAsia, the largest low-cost carrier in Asia, will offer two million seats to the airline’s entire network on a new promotion.
AirAsia was recently named the World’s Best Low Cost Carrier for the fifth consecutive yea
Jazeera Airways, a Kuwait-based low-cost carrier, has reported a seven per cent increase in passengers flown during May, compared to the same month last year.
The increase was led by significant passenger pick-up on routes serving
Emirates, the Dubai-based international carrier, will expand its current partnership with New York-based low-cost carrier (LCC) JetBlue Airways to include bilateral codesharing.
JetBlue will place its B6 airline code on all flight