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Sat 9 Feb 2008 04:00 AM

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FlyYeti.com takes flight

Sharjah-based low-cost carrier (LCC) Air Arabia has marked the next step in its aggressive expansion strategy by establishing a new budget airline out of the Nepalese capital Kathmandu.

FlyYeti.com takes flight
FlyYeti.com launched services to Sharjah and Kuala Lumpur on January 20.

Sharjah-based low-cost carrier (LCC) Air Arabia has marked the next step in its aggressive expansion strategy by establishing a new budget airline out of the Nepalese capital Kathmandu.

FlyYeti.com, a joint venture with Nepalese domestic airline Yeti Airlines is Nepal's first low-cost carrier (LCC), which launched its flights to Sharjah and Kuala Lumpur on January 20.

Air Arabia said it hoped that by operating from this hub it would be able to better serve markets encompassing South and Central Asia, the Far East, Middle East and Indian Subcontinent.

"As we set our sights on global expansion, we remain focused on youthful, fast-growing markets where the opportunities for growth are greatest. Nepal, with a population of 29 million and a median age of just 20, is clearly among them," explained Air Arabia chairman Sheikh Abdullah Bin Mohammad Al Thani.

FlyYeti.com adheres to Air Arabia's low-cost business model and operates A320 aircraft, and now that the Sharjah and KL routes are up-and-running, which operate two and three times weekly respectively, the carrier will look to fly to Bangkok, Delhi, Hong Kong and Doha.

The announcement of Air Arabia's Nepalese airline venture comes after the LCC recently revealed plans to establish yet another hub in the Moroccan city of Rabat, having signed an agreement with private Moroccan carrier Regional Air Lines.

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