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Article: Middle East set for low cost aviation boom
- Article from:
- The Hindustan Times
- Article date:
- March 23, 2008
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Report from Indo-Asian News Service brought to you by HT Syndication.
Dubai, March 23 -- In November last year, during the Dubai Air Show, Emirates ordered $23.4 billion worth of aircraft from Airbus and Boeing, with options for 50 more. Today, experts here say, this "options for 50 more" is what is going to help the Dubai government spread its own version of low cost wings.
Though it has been made clear that this new airline would be independent of Emirates with its own brand and identity, the fact that the Emirates chairman will also be the chairman of the new airline and a senior Emirates executive has been made the new company's chief executive is what is having regular travelers here ...