(MENAFN) Iraqi budget carrier Fly Baghdad plans to expand its network beyond the Middle East by launching flights to Europe and India next year, and is planning a stock market listing in 2020, according to its chief executive on Wednesday.
Launched in 2015 and owned by Iraqi investors, Fly Baghdad is competing against one of the Middle East's oldest airlines, state-owned Iraqi Airways, among several other private carriers.
"There is a huge population which are cash rich and are not too many places to visit in Iraq. Everyone is talking about travelling", Chief Executive Ali al-Hamdany told Reuters at an industry conference in Dubai.
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