Air Arabia, Etihad form LCC joint venture
Credit: Rob Finlayson
Etihad Aviation Group and LCC Air Arabia will form a new Abu Dhabi-based joint venture (JV) LCC—called Air Arabia Abu Dhabi—to tap into the growing demand for low-cost air travel in the Gulf. Air Arabia Abu Dhabi will be Etihad’s first new major investment since moving away from a previous approach...
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