AGL 39.70 Decreased By ▼ -0.30 (-0.75%)
AIRLINK 129.00 Decreased By ▼ -0.06 (-0.05%)
BOP 6.83 Increased By ▲ 0.08 (1.19%)
CNERGY 4.67 Increased By ▲ 0.18 (4.01%)
DCL 8.45 Decreased By ▼ -0.10 (-1.17%)
DFML 41.09 Increased By ▲ 0.27 (0.66%)
DGKC 82.60 Increased By ▲ 1.64 (2.03%)
FCCL 33.09 Increased By ▲ 0.32 (0.98%)
FFBL 73.99 Decreased By ▼ -0.44 (-0.59%)
FFL 11.87 Increased By ▲ 0.13 (1.11%)
HUBC 110.79 Increased By ▲ 1.21 (1.1%)
HUMNL 14.25 Increased By ▲ 0.50 (3.64%)
KEL 5.21 Decreased By ▼ -0.10 (-1.88%)
KOSM 7.51 Decreased By ▼ -0.21 (-2.72%)
MLCF 39.10 Increased By ▲ 0.50 (1.3%)
NBP 63.92 Increased By ▲ 0.41 (0.65%)
OGDC 193.65 Decreased By ▼ -1.04 (-0.53%)
PAEL 25.60 Decreased By ▼ -0.11 (-0.43%)
PIBTL 7.34 Decreased By ▼ -0.05 (-0.68%)
PPL 153.30 Decreased By ▼ -2.15 (-1.38%)
PRL 25.74 Decreased By ▼ -0.05 (-0.19%)
PTC 17.49 Decreased By ▼ -0.01 (-0.06%)
SEARL 81.44 Increased By ▲ 2.79 (3.55%)
TELE 7.69 Decreased By ▼ -0.17 (-2.16%)
TOMCL 33.48 Decreased By ▼ -0.25 (-0.74%)
TPLP 8.53 Increased By ▲ 0.13 (1.55%)
TREET 16.45 Increased By ▲ 0.18 (1.11%)
TRG 56.82 Decreased By ▼ -1.40 (-2.4%)
UNITY 27.50 Increased By ▲ 0.01 (0.04%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,527 Increased By 81.8 (0.78%)
BR30 31,192 Increased By 2.8 (0.01%)
KSE100 98,363 Increased By 564.4 (0.58%)
KSE30 30,689 Increased By 208.4 (0.68%)

An investment company plans to launch the third low-cost carrier in the United Arab Emirates in 2010, a newspaper reported on Sunday, quoting unnamed aviation sources. The airline, which will be based in the capital and flying out of Abu Dhabi, will start operating in mid-2010, daily al-Khaleej said. The newspaper did not identify the investment company.
The new budget carrier will face growing competition from two UAE low-cost carriers, Air Arabia and flydubai, as well as a number of regional operators. Kuwait's Jazeera Airways said on Wednesday it was cutting services on certain routes to weather difficult times with no improvement in sight next year.

Copyright Reuters, 2009

Comments

Comments are closed.