Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

RAK Airways to launch Amman, Islamabad services from August  Join our daily free Newsletter

MENAFN - Khaleej Times - 24/07/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) RAK Airways is adding two more destinations from next month as the airline plans to launch its first Levant entry through Jordan's capital and also starting flight to Pakistan's capital.

The full-service airline on Tuesday announced its entry to two capital cities - Amman and Islamabad. Services to the Saudi cities of Riyadh and Dammam will follow as per the airline's plan to launch five new destinations this year. With a total fleet size of two aircraft, the carrier currently operates nine routes that include Jeddah, Doha, Cairo, Lahore, Peshawar, Calicut, Dhaka, Chittagong, and Kathamndu.

"We have a plan to touch 40 destinations by 2015 and will make first route expansion announcement within five weeks for five new routes," RAK Airways president and chief executive officer Murabit Al Sawaf told Khaleej Times earlier this month.

Al Sawaf on Tuesday announced the launch of Islamabad on August 5 and Amman on August 7, 2013. The carrier is expected to add two more aircraft in its fleet this year.

Islamabad is RAK Airways' third entry point into destination Pakistan. In 2011, the airline made its first entry into Pakistan with two-weekly flights to Lahore and Peshawar. In the first half of 2013, the airline increased its frequency to Lahore and Peshawar from two to three flights a week, to meet passenger demand.

With a significant presence of Pakistani nationals, contributing to the economy of the UAE, RAK Airways is glad to provide another entry into Pakistan, through the launch of Islamabad, Al Sawaf said.

RAK Airways has seen a strategic growth path since its relaunch in 2010 and there has been no turning back. The airline saw passenger numbers to the tune of 300,000 in 2012 and in the first quarter of 2013, the numbers have jumped to 40 per cent.

Speaking about the launch of Amman, Al Sawaf said: "As for the launch of Amman, I must say that this is the first entry of RAK Airways into the levant region. With the inauguration of RAK-Amman route and a one way fare of Dh400, we look forward to encourage more passenger traffic - leisure, business and tourism from Ras Al Khaimah to Jordan and from UAE to Jordan as well, thus positively impacting the tourism and industry of both the economies."

Talks for jet order

RAK Airways said it's in talks with Boeing, Airbus and Bombardier about an order for at least 10 single-aisle aircraft to meet expansion plans.

State-backed airline is looking at the existing versions of the Boeing 737-800 and Airbus's A320, together with the new CSeries jet from Canada's Bombardier, and aims to make a choice by the end of this year or early in 2014, Al Sawaf said.

"Ras Al Khaimah is growing in an aggressive way, so we should be as aggressive as the government," he said. "In five years I want the company to be one of the major airlines in the region. In five to 15 years we'll be on a curve to go upwards to have a worldwide position and international identity."

To meet immediate expansion plans, the company has signed a deal with International Lease Finance Corp to take an Airbus A319 and crew in two weeks and an A320 in two months. The carrier will need external funding for the planned order and has kept all options open, including bank loans, manufacturer financing and a bond issue, the CEO said. The airline could consider a share sale in the future, he added.

 


Khaleej Times




  MENA News Headlines
 May 29 2015 - Cairo yearns for liberal heyday of its park of romanceAFP
(MENAFN - AFP) It was a symbol of a more liberal Egypt where young Muslims and Christians mingled under its leafy canopies, bands played and a young Omar Sharif wooed the glamorous Faten Hamama in ...

 May 28 2015 - HH the Emir Meets Indonesian FMQatar News Agency
(MENAFN - QNA) HH the Emir Sheikh Tamim bin Hamad Al-Thani on Thursday met at his Emiri Diwan office with Foreign Minister of the Republic of Indonesia, Retno Marsudi, and the delegation currently ...

 May 28 2015 - Yemeni President Meets U.S. Assistant Secretary of StateQatar News Agency
(MENAFN - QNA) Yemeni President Abd-Rabbu Mansour Hadi met on Thursday with Anne Patterson, U.S. assistant secretary of state for near eastern affairs. They reviewed the efforts of the Yemeni ...

 May 28 2015 - Kuwait's Foreign Minister Meets Libyan CounterpartQatar News Agency
(MENAFN - QNA) Kuwait's First Deputy Prime Minister and Foreign Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah met here Thursday with the Libyan Foreign Minister Mohammed Aldayri on the sideline of ...

 May 28 2015 - Multiplex, CricOn register big victories in Power Horse T20 cricket tournamentKhaleej Times
(MENAFN - Khaleej Times) Multiplex and CricOn put on dominating performances to register comfortable victories in the Power Horse T20 cricket tournament at the Fair Ground Oval in Dubai Men's College ...

 May 28 2015 - Abdel Gawad and Evans win Sharm El-Sheikh International ChampionshipDaily News Egypt
(MENAFN - Daily News Egypt) Karim Abdel Gawad and Ali Farag met in an all-Egyptian final, with Abdel Gawad winning the Sharm El-Sheikh Squash International Championship title. Abdel Gawad won against ...

 May 28 2015 - Dubai to ease licensing for 'weekend doctors'Khaleej Times
(MENAFN - Khaleej Times) Dubai health authorities have eased licensing regulations for visiting professionals so as to give patients access to international and highly qualified, 'weekend ...

 May 28 2015 - Ramadan 2015 at Sequoia: Bringing out the beauty of nature, with an exotic feelDaily News Egypt
(MENAFN - Daily News Egypt) Over the years, Sequoia has been known for being one of the most popular restaurants in Cairo, bringing you the best of Mediterranean and oriental cuisine. Every year, ...

 May 28 2015 - Fashion designs need protection: ShayDaily News Egypt
(MENAFN - Daily News Egypt) Shay is one of the fashion designers who was introduced to the world of fashion through the Italian Fashion Academy. She studied design and marketing, and afterwards went ...

 May 28 2015 - Cairo Airport's Terminal 2 soft opening expected in NovemberDaily News Egypt
(MENAFN - Daily News Egypt) Cairo International Airport's Terminal 2 will witness its soft opening in November this year, with the official opening expected in March 2016.The soft opening comes as ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help