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Investment Enterprises Ltd to launch an LCC in Saudi Arabia

SYDNEY (Centre for Asia Pacific Aviation) - Investment Enterprises Ltd announced plans to launch a new Saudi Arabian LCC in Summer 2006.

 "Our preparations for the establishment and operational launch of the company are subject to meeting the specific regulatory approval requirements of the Kingdom and international safety criteria," Prince Bandar bin Khalid Al-Faisal, Chairman, Investment Enterprises Ltd.

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