Bright Prospects For Middle East Low-cost Carrier Industry

Sharjah: The growth prospects for low-cost carriers (LCCs) in the Middle East are bright as the industry takes up just 0.1 per cent of the market share, according to Adel Ali, chief executive officer of Air Arabia, the first and largest low-cost airline in the Middle East and North Africa.
He said that coupled with geographical advantage, the region's booming economies, and the demographic trend today, the LCC segment in the region was poised for a take-off.
He said this in his address at the fourth annual India and Middle East Low-Cost Carrier Symposium held recently in Mumbai, India.
Touching on Air Arabia, Adel said the airline has been able to successfully introduce the LCC model to the region and customise it to meet the needs of travellers.
The Sharjah-based Air Arabia was set up in February 2003 by a decree issued by the ruler of Sharjah, Sheikh Sultan Bin Mohamed al Qassimi, who is a member of the United Arab Emirates Supreme Council.
The airline's destinations include India, Syria, Pakistan, Afghanistan, Jordan, Egypt and Saudi Arabia.
05/07/07 Bernama, Malaysia

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Categories: Foreign Jul 2007, Low Cost General Jul 2007