Emirates Business reported that Sheikh Omar bin Saqr Al Qasimi, chairman of RAK Airways has announced a re-launch of the carrier this year.
He said: “The airline will re-launch its operations in the September-October period with an aim to break-even on the first year. The carrier will start with two planes and will cover South India and Saudi Arabian routes.
He said: “We will start with two aircrafts then we will judge our situation. We don’t want to go very positive until we analyse our situation.” Despite the relatively slow growth of the economy, Sheikh Omar is positive that the re-entry would be successful.
The chairman said: “We are aiming (to break-even) from the first year. It may be slow but we changed the aircraft type to the economical 737s. We look forward to serve the passengers from Southern India city of Calicut and people travelling to Saudi for Haj. I think people will agree for the right price.”
The Ras Al Khaimah carrier was created by the emirate's government in 2005 and started operations at the end of 2007. The airline carried about 125,000 passengers in 2008 before suspending services in May 2009 due to difficulties with its aircraft.
It reduced its fleet size from three aircraft to one, and terminated its services to Dhaka, Colombo, Calicut and Chittagong. At the same time the airline also cut jobs. The cost of operating an airline with just one aircraft, besides logistics, was the key factor that forced the airline to terminate operations last year.
Contrary to what have been reported earlier, RAK Airways would not be a low-cost airline. Sheikh Omar said. : “We are not a low cost airline. We will compete on a commercial basis as a full-fledged airline with a service equal to the price they pay. Mid-ranged – this is what we are aiming.”For all the latest GCC news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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