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Air Arabia flying high on solid first half growth

30-Jul-2008

Air Arabia crossed a major milestone in 1H08 – handling its 10 millionth passenger after just 57 months of operation. Such has been the Sharjah based carrier’s success, that other market participants are preparing their own LCC responses. FlyDubai is one extreme, while Qatar Airways, is reportedly ready to launch an LCC subsidiary “within 90 days”, if required. [1029 words]

Unlock the following content in this report:

Subheadings:

  • LCCs increasingly look outside the region
  • Major airlines waking up to the threat, but slow to respond

Graphs and data:

  • Air Arabia annual passenger traffic
  • Middle East LCC capacity breakdown
  • Middle East LCC destinations: Jul-08
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