Saudi Arabia licenses first new carrier under liberalisation regime

SaudiGulf Airlines will be licensed to start domestic flights in the Gulf nation from June 22, the Saudi aviation regulator, the General Authority of Civil Aviation (GACA), said June 10. SaudiGulf Airlines is one of 2 new carriers that have been preparing to launch services within the Gulf state under the country’s stated intention to liberalise its domestic aviation scene. This is currently dominated by Saudia, which holds some 90% of the market, with hybrid carrier flynas making up the remainder. SaudiGulf, which will initially use 4 Airbus A320s before acquiring 16 Bombardier CS300s, has been awaiting an AOC from GACA for more than 18 months, as has the second planned entrant to the Saudi market, Qatar Airways-backed Al Maha Airways. <br/>
ATW
http://atwonline.com/regulation/saudi-arabia-licenses-first-new-carrier-under-liberalization-regime
6/10/16