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Wataniya Airways expects to break even by 2011

Premium Analysis

Wataniya commenced operations as a premium service airline in Jan-2009 and expects to break even by 2011. According to the carrier's CEO, George Cooper, the airline's three-year business plan, ending in 2011, aims for Wataniya to break even by the end of the plan. Mr Cooper states he is "reasonably optimistic" profits can be achieved by this time "against the fairly cautious budget."

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