Ras Al Kaimah investors benefit from additional carrier

23/08/2010 - Ras Al Khaimah Property News
Ras Al Kaimah investors benefit from additional carrier

Posted by Neil King

Property investors in Ras Al Khaimah could be set to benefit from two new flight routes from the emirate.

From September or October, RAK Airways will re-launch, offering flights to south India and Saudi Arabia.

The carrier was created by the government of Ras Al Khaimah in 2005, but suspended its operations in May 2009.

Now, it has reduced its fleet size to one aircraft and hopes to break even within its first year, providing customers with a mid-range cost service.

Chairman Sheikh Omar bin Saqr Al Qasimi commented: "It may be slow but we looked at what we've done in the past. We changed the aircraft type - we gone for smaller and more economical 737s.

"We also looked at the figures and the cost of the airplanes and staff and it looks positive."

RAK Airways will be the UAE's fifth carrier, operating alongside Emirates, Etihad, Air Arabia and Flydubai.

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