Is Saudi Arabia's last LCC nasair set to join Sama?
Saudi Arabia’s LCC experiment may be drawing to an unwelcome close. nasair, the kingdom’s first – and now sole surviving – LCC announced it has suffered a 1Q2011 loss, due to the troubled situation in the Middle East and North Africa reducing passenger traffic and the increasing price of oil. [898 words]
Unlock the following content in this report:
- Saudi liberalisation experiment looking shaky
- Uncertain future
Graphs and data:
- Saudi Arabian airport traffic: 2000 to 2009
- Passenger market shares of Saudi-based carriers: 2008 and 2009
- nasair destination map (May-2011)
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