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Middle East low-cost carriers grow at incredible rate

The Middle East’s low-fare sector has demonstrated a dramatic pace of growth in the last decade which shows no signs of abating, according to OAG, the market leader in airline schedule data.

Middle East’s low-cost carriers grow at incredible rate

ABU DHABI, UAE - The Middle East’s low-fare sector has demonstrated a dramatic pace of growth in the last decade which shows no signs of abating, according to OAG, the market leader in airline sched

Asian budget carriers opening new frontier in long-haul travel

While European carriers are facing turbulent times, some Asian airlines are hoping that a cut-price long-haul model will find a ready market in Asia's growing middle class.

Lonrho and Stelios take over Fly 540

(eTN) - It was learned over the weekend that a new ownership has emerged at Fly 540 aviation, when Lonrho, with their new partners Sir Stelios, compelled the other existing shareholders to sell – in

Speculation grows over involvement of EasyJet’s Stelios in African LCCs

(eTN) - Over the past weeks, speculation has been growing in Eastern Africa about a potential involvement by former EasyJet’s top executive, Stelios Iannou, said to consider joining hands with Lonrh

Let the East African air wars commence

(eTN) - Kenya Airways (KQ) confirmed earlier this week that they registered a new business name, "Jambo Jet," generally perceived to be the national airline’s answer to increasing low-cost operation

Air France to replicate low cost competition?

PARIS (eTN) - Over the last few weeks, rumors and false information on a possible conversion of Air France-KLM short/medium-haul network into a low-cost operation abounded so much that the management

Global airline capacity and flight volumes continue to decline, statistics reveal

The world's airlines have scheduled 4.9 percent fewer flights for March 2009 compared with the same month last year, with a 3.3 percent drop in seat capacity, according to the latest statistics from O

AirAsia X opens a new era for low-cost travel in Europe

AirAsia X, the long haul subsidiary of low-cost carrier AirAsia, announced with much fanfare in London the launching of a five-time weekly service between Kuala Lumpur and London Stansted airport.

Aviation is ‘not such a good business’

KUALA LUMPUR, Malaysia (eTN) - The Airline Distribution 2008 Conference went on as scheduled last week despite no-show speakers. Held here in the Malaysian capital, the event was hosted by the Universal Air Travel Plan (UATP).

Dubai, Syria to launch new airlines

Two new airliners are to join the rapidly developing aviation industry in the Middle East. Ruler of Dubai, Sheikh Muhammad Bin Rashid Al Maktoum, earlier this week instructed concerned authorities to set up a low-cost carrier that will join the national airliner Emirates, the local daily Gulf News reported.

European airlines to dominate world as Lufthansa buys into JetBlue

SYDNEY, Australia - Lufthansa and major US low-cost carrier (LCC) JetBlue last week announced that Lufthansa had acquired a 19 percent equity holding in the US self-described “point-to-point air carrier,” for US$300 million. The airlines described this as “the first significant investment by a European air carrier” in an American LCC/non-legacy airline.