Air Arabia gains on Indian visa deal
Air Arabia launched a service on Tuesday to allow its Indian passengers to buy tickets and apply for a visa to the United Arab Emirates online.
Air Arabia has partnered with visa processing agency IVS Global to provide online visas to its UAE-bound business and leisure travellers from India. The airline also announced the launch of a call centre in India to facilitate ticket bookings on its Indian services.
Head of Commercial, Mr AK Nizaar stated: "We are in discussions with the Indian Government to enhance frequency as well as add some more destinations," with the carrier aiming to increase frequencies from metros as well as adding more tier two and three cities to its network. Air Arabia's shares rose 1.2% yesterday.
Elsewhere, Royal Jordanian eased 1.1% yesterday. The carrier yesterday won US antitrust approval with its oneworld partners American Airlines, British Airways, Iberia and Finnair to coordinate schedules, capacity and fares on the five airlines' trans-Atlantic routes.
Selected African and Middle Eastern airlines share price movements (% change) 06-Oct-2010
Source: Centre for Asia Pacific Aviation & Reuters