New airline to fly to Dubai and Vienna
From "FOH News" on 06 November 2008
The new carrier has also revealed its intentions to fly to Bangladesh as of next year.
"Oil prices are declining and this trend looks set to continue, reducing the single greatest burden on an airlines balance sheets," said chairman Kabir Khan, explaining the reasons behind the launch. "The dollar is also declining, meaning that aviation costs (lease rates, fuel etc.) that are usually expressed in dollars are also declining. Although distressing, recent airline failures have meant that seat capacity has been significantly reduced, whilst demand has been maintained, meaning that more passengers will be chasing fewer seats. The message is simple, if an airline can survive the winter of 2008, then it can expect a bumper year in 2009."
Khan added that the airline would not look to compete with budget carriers across Europe as it expands its services across Europe, rather offering "customers a safe, value driven, point-to-point air service. We aim to offer a consistent and reliable product and fares appealing to leisure and business markets on a range of international routes."
