AirArabia (Egypt) to launch operations on June 1

AirArabia (airarabia.com) (Egypt) (Alexandria) received its AOC yesterday (May 22) and will launch scheduled operations initially with a pair of Airbus A320s. The first route will be between Alexandria and Khartoum. Kuwait City will be added the next day.

AirArabia (United Arab Emirates) (Sharjah) announced on September 9, 2009 the founding of a new subsidiary in Egypt. AirArabia (40%) is partnering with the Travco Group (50%), Egypt’s largest tourism company. An unnamed Egyptian investor will hold the remaining 10%.

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