Jul 21 2012
|more articles from|
Qatar Airways, Gulf Air among 7 Cos Competing for Saudi Air License -Report
Saturday, Jul 21, 2012
BEIRUT (Zawya Dow Jones)-- Qatar Airways and a consortium led by Bahrain's Gulf Air are among seven candidates selected by Saudi Arabia to compete for a new airline license that will allow to operate domestic and international flights in the kingdom, Saudi-based Al Eqtisadiah daily reports Saturday, citing unnamed sources.
The other candidates include three consortia led respectively by Bahrain Air, China's Hainan Airlines and Egypt's Al Masria Universal Airlines alongside the Islamic Development Bank, the sources told the paper. U.A.E.-based Falcon Express Cargo Airlines and Saudi Arabia's Nesma Holding Co., which owns Egypt's Nesma Airlines, also qualified to bid for the license, the report says.
The winners' names are expected to be announced in October and the license will be granted in the last quarter of 2013, according to the paper.
Newspaper website: http://www.aleqt.com/2012/07/21/article_676185.html
Copyright (c) 2012 Dow Jones & Co.
(END) Dow Jones Newswires
© Copyright Zawya. All Rights Reserved.
More in Bahrain
- College student snares record long Burmese python near Miami
- What's in a name? U.S. starts using Myanmar as well as Burma
- Marijuana waste helps turn pot-eating pigs into tasty pork roast
- Man climbs onto dome of St Peter's to protest Italian politics
- Prague metro plans to launch love train for singles
- There's More