One of the leading Low-Cost Carriers in the Middle East – Air Arabia – announced that it will launch the new Armenian Carrier!
The Air Arabia Group of Airline Operations include:
- Air Arabia
- Air Arabia Abu Dhabi
- Air Arabia Egypt
- Air Arabia Maroc
In an article from Forbes quoted as follows: “As with the new Armenian venture, these have all been set up with other investors. Air Arabia Maroc was founded in 2009 as a joint venture with Moroccan investors and based at Mohamed V International airport in Casablanca. Air Arabia Egypt followed soon after, as a joint venture with the local Travco Group. Air Arabia Abu Dhabi is a joint venture with Etihad Airways.”
There is also a rumour that Air Arabia might expand into Air Arabia and there was previous online coverage of a possible investment into Ariana Afghan Airlines – an airline in Afghanistan.
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