Indian businessman to launch UAE carrier

Dubai: An Indian businessman is launching Kang Pacific Airlines, making it the fifth airline based in the UAE, its owner said.
The airline plans to launch commercial service out of Fujairah in October, to tap the growing demand for air services to certain destinations.
Initially intending to serve the Philippines, Bangladesh, India and Sri Lanka, Kang Pacific also plans to operate flights to the UK.
The airline will operate as a hybrid between a budget and a full service carrier. When launched, it will join Emirates airline, Etihad Airways, Air Arabia, and RAK Airways.
The airline is the brainchild of Paul Kang, an Indian businessman who previously owned companies involved in aviation catering as well as supplying to duty free shops in the UK and Fujairah.
Kang told Gulf News that he is self-financing the airline's launch with $10 million in startup capital, primarily to procure two DC-10s, a Boeing 747 and one Boeing 737 over the next six months. The fleet will primarily consist of leased aircraft roughly 20 years old.
23/08/07 Ivan Gale/Gulf News, United Arab Emirates

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Categories: Foreign Aug 2007, New Aug 2007