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23-Jan-2012 2:51 PM

Saudi General Authority of Civil Aviation opens tender for new airline licence

Saudi Arabian General Authority of Civil Aviation (GACA) opened the tender process to licence a new domestic and international carrier. According to local medial reports by sources including Arab News, TradeArabia News Service and Saudi Gazette, the tender will be open between 22-Jan-2012 and 18-Mar-2012 and is open to domestic and Gulf region investors and airline companies. The GACA will then issue a detailed request for proposals in Apr-2012 to qualified bidders. The authority stated companies awarded licences will be given free selection of domestic routes and will be provided with "all facilities to operate domestic and international flights successfully". Emirates and Gulf Air have reportedly expressed interest in bidding for licences.

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