Manama: Qatar Airways has reached agreement with Saudi authorities on solving problems that blocked its entry into Saudi Arabia's domestic market, and plans to start operating there by the end of the third quarter, its chief executive said on Thursday.
"We have already now appointed a new CEO for the Saudi operations, and we are planning to launch the Saudi operations anytime between the middle to the third quarter of this year," Akbar Al Baker said in an interview.
Saudi Arabia's price caps for domestic flights have hurt airlines' profit margins, while fuel subsidies have helped flag carrier Saudi Arabian Airlines compete against rivals.
Baker said Qatar Airways was discussing the possibility of sharing flights with two Indian airlines.
"We are talking to IndiGo and SpiceJet to do codeshare agreements," Baker said.
Read News in full 16/01/14 Reuters/Economic Times
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