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 passnger 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
 Oct 27 2016 -  Pakistan's Habib Bank marks 75 years aims to build on long historyMuscat Daily
(MENAFN - Muscat Daily) Muscat- Pakistan's first and largest bank, Habib Bank Limited (HBL), celebrated its 75th anniversary at Al Falaj Hotel on Wednesday. HBL was formed in 1941 and has ...

 Oct 27 2016 - SAF Chief of Staff receives British military officialMuscat Daily
(MENAFN - Muscat Daily) Muscat- Lt Gen Ahmed bin Harith al Nabhani, Chief of Staff of the Sultan's Armed Forces (SAF) received on Wednesday Maj Gen Stuart Skeates, Standing Joint Force Commander of ...

 Oct 27 2016 -  UAE Deputy Prime Minister arrives in MuscatMuscat Daily
(MENAFN - Muscat Daily) Muscat- Sheikh Mansour bin Zayed al Nahyan, UAE Deputy Prime Minister and Minister of Presidential Affairs, arrived on a two-day visit to the Sultanate. He was received ...

 Oct 27 2016 - Oman- Phase two of Tanfeedh ends results to be made public from Nov 20-22Muscat Daily
(MENAFN - Muscat Daily) Muscat- Tanfeedh participants on Wednesday completed six weeks of hardwork to create a draft roadmap of Oman's economic diversification strategy. Participants gathered at ...

 Oct 27 2016 - Eight Omanis to embark on a 20,000km road trip to Rwanda and TanzaniaMuscat Daily
(MENAFN - Muscat Daily) Muscat- A group of eight Omanis will begin a journey to retrace Oman's historical and cultural roots in Africa by driving from Muscat to Kigali in Rwanda and then Dar es ...

 Oct 27 2016 -  HEAD-TO-HEAD-TO-HEAD: PS4 Pro vs Xbox 'Project Scorpio' vs Nintendo SwitchKhaleej Times
(MENAFN - Khaleej Times) Remember this article? While it only discussed Nintendo's console history, it was a bit gratifying that I was able to use words like "party", "rumble" and "brawl" to ...

 Oct 27 2016 - After Note 7, now Samsung's Galaxy S7 Edge explodes in USKhaleej Times
(MENAFN - Khaleej Times) After the Note 7 fiasco, a Samsung Galaxy S7 Edge owner in the US has claimed that the device which he received as a replacement for the Note 7 exploded while charging. ...

 Oct 27 2016 -  527 South Koreans sue Samsung over Note7 recallKhaleej Times
(MENAFN - Khaleej Times) Hundreds of South Korean Galaxy Note 7 smartphone owners filed a lawsuit against Samsung Electronics on Monday over its handling of the fire-prone device. Attorney Peter ...

 Oct 27 2016 - Blurring effect comes to iPhone 7 Plus with software updateKhaleej Times
(MENAFN - Khaleej Times) Apple's iPhone 7 Plus is getting a new camera capability - the blurring of backgrounds to focus attention on people or other objects in the foreground. Apple first ...

 Oct 27 2016 -  WhatsApp now has video calling but...Khaleej Times
(MENAFN - Khaleej Times) After giving WhatsApp that Snapchat feel, Facebook has rolled out a new feature to the world's most-used messaging app: video calling. And we were more than happy to check ...





Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


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