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flydubai expects double-digit growth in Middle East LCC market

1-Jun-2010 12:57 PM

flydubai CEO, Ghaith Al Ghaith, stated the carrier expects to see double-digit growth of the low cost carrier market in the Middle East within a few years (Emirates Business 24/7, 31-May-2010). Mr Al Ghaith added the launch of another low cost carrier in the Middle East market would be a chance for every carrier in the region to “better themselves”.

flydubai:The low-cost model in Europe or the Far East accounts for 30 to 50 per cent of the total aviation market share. In comparison, we have a long way to go. But having said that, I do anticipate double-digit growth in the low cost carrier market within a few years. Any form of competition will be positive for this market. The success of one will see potential for every player here to better themselves,” Ghaith Al Ghaith, CEO. Source: Emirates Business 24/7, 31-May-2010.