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Troubled airline 'no longer in service' - report
by This email address is being protected from spam bots, you need Javascript enabled to view it on Sunday, 31 May 2009
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Posted on Monday, 1 June 2009
Wrong Project
Posted by Dude at 06:05 UAE time
This whole project was based on a business plan developed for another airline to operate out Dubai and when it failed (because the initial plan made no common sense at all) the guys went and sold off the idea to RAK Government whom unfortunately bought into something complex and have little chances to succeed under economic activities within RAK, land connectivity to the airport, and population distribution along the home market of this airline.
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Posted on Sunday, 31 May 2009
MONEY LOST
Posted by AZMI at 23:53 UAE time
How much money was spent on this (and other, similar )ventures, and how much in commissions and payback money was paid?
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RAK Airways
Posted by Punky Brewster at 20:42 UAE time
Makes Business Sense! If it ain't worth it, don't jump into it. I guess the Economic Downturn is an excuse, but then, it's the right thing to do. RAK govt is taking the right step. to avoid what DXB is going through.
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Bad Omen?
Posted by Simone at 11:59 UAE time
This does not bode well for Emirate's new service does it...
Having said that I had never heard of them... They can't have had very good marketing!
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Crock
Posted by Nancy at 11:54 UAE time
Rak airways was suspended long time before the economic downturn
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