Azerbaijan Airlines to set up LCC subsidiary

Azerbaijan Airlines (AZAL) will create a new LCC subsidiary, AZALJET. The new carrier is expected to give the airline another option in competing with LCCs that serve, or will serve, the small Central Asian nation. AZAL said it had trialled low-cost services on some of its routes from August 2015 and decided to set up a distinct low-cost brand, with services due to start March 28. AZALJET will charge for baggage and on-board meals, while the parent airline will continue to operate as a full-service airline. Earlier this month, AZAL said negotiations were underway with aviation authorities of Turkey, the UAE, Israel and other nations over the launch of new services. AZAL operates a mixed fleet of Airbus, Boeing and Embraer types. No details were given of which aircraft would transferred to the new LCC brand. <br/>
ATW
http://atwonline.com/finance-data/azerbaijan-airlines-set-lcc-subsidiary
2/22/16