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.
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