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Monday 8 July 2013

Gulf could handle up to 4 more low cost carriers - analyst

As Oman considers launching up to two new airlines, a leading aviation analyst said the region’s market could accommodate up to four more low cost carriers.
Oman’s Public Authority for Civil Aviation (PACA) said last week the licence may be awarded to a local Omani private company or a subsidiary of state-owned carrier Oman Air.
"Over the next two to three years, the aviation business in Oman will change completely, I'm absolutely certain," PACA chief executive officer Salim Al Aufi told the Times of Oman newspaper.
"Our own study will determine if we need one or two licences, depending on the market. We don't want to flood it, but we don't want to starve it."
Low-cost carriers currently represent up to seven percent of Oman's aviation market, led by foreign carriers such as Dubai-based Flydubai, Air Arabia and India's Indigo, according to Al Aufi.
08/07/13 Shane McGinley/Arabian Business

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