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FINANCIAL NEWS
Air Arabia ready to launch Egypt operations
23 May 2010
(MENAFN) The Chairman of Air Arabia said that the Sharjah-based low-cost carrier has obtained its Air Operators Certificate from the Egyptian Civil Aviation Authority, Khaleej Times reported.
The company said in a statement that this move clears the way for the start of Air Arabia ?Egypt,? which will offer flights from Alexandria Burj Al Arab Airport to Khartoum and Kuwait from early next month.
Air Arabia, whose shares are listed on the Dubai Financial Market (DFM), said its operations from Egypt will start with two aircraft serving selective number of destinations across the region.
It is worth mentioning that Air Arabia commenced operations in October 2003 and currently operates a total fleet of 21 new Airbus A320 aircraft, serving 60 destinations from two hubs in UAE and Morocco.
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