nas air CEO forecasts economic downturn to bring consolidation to Middle East LCC market
The phenomenal growth in aviation witnessed in the Middle East and the progressive liberalisation of access by regional governments has attracted an unprecedented wave of airline start-ups to the region. However, Walter Prenzler, CEO of nas air has forecast that consolidation will become a part of the regional LCC market, in the next few years reflecting in more mature markets over recent years.
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