International lenders did not disclose specificities, but said it was part of global cost-cutting plansNovember 26, 2015 11:32
RAK to fly again
‘Suspended’ airline is preparing to re-launch.
June 30, 2010 3:27 by Samuel Potter
RAK Airways, the UAE’s fourth national carrier, has announced it will re-launch services before the end of this year, following a hiatus of just over 12 months.
Chairman of the company, Sheikh Omar Bin Saqr Al Qassimi, said the tough market conditions had forced the airline to suspend services, but they were now sufficiently abated for the airline to fly again.
“We are now ready to make a strategic re-entry into the market,” he said. “We have a lot of exciting new plans, which will be unveiled soon. Omar Jahameh, our recently appointed CEO and his team are finalizing the details of our flights to destinations in the Gulf, Africa and the Indian Sub Continent.
“The decision to re-launch the airline is part of the ambitious vision of H.H. Sheikh Saud Bin Saqr Al Qassimi, Crown Prince and Deputy Ruler of Ras Al Khaimah, aimed at boosting tourism in the emirate. RAK Airways is viewed as a key part of that plan,” he said.