Air Arabia begins Nepal hub operations and launches FlyYeti.com

• FlyYeti.com is a joint venture between Air Arabia and Yeti Airlines of Nepal
• FlyYeti.com is Air Arabia-operated airline and Nepal's first LCC
• Nepal hub and FlyYeti.com extend Air Arabia's award-winning business model to destinations throughout Middle East, South Asia, Central Asia and Far East

FlyYeti.com's inaugural flight took off from Kathmandu Airport today January 20, 2008 to land at Sharjah Airport.

FlyYeti.com, a newly established low-cost carrier in Nepal, is a joint venture between Air Arabia and Yeti Airlines, a leading domestic carrier in Nepal. Air Arabia, a major shareholder in the new company, will apply its successful low-cost business model to the management and operation of FlyYeti.com.

"This newest hub will give air travelers who use Air Arabia access to new destinations in India and wider South Asia, as well as the Far East and Central Asia," said Adel Ali, Board Member and Chief Executive Officer of Air Arabia. "Now people who wish to fly to these regions will have access to a competitive fare with the highest quality service possible via Air Arabia and FlyYeti.com."

Based in Kathmandu, FlyYeti.com will provide affordable and convenient service to a broad range of international destinations. The new carrier will start service from Kathmandu airport this week to two destinations, Sharjah and Kuala Lumpur in Malaysia, and will extend its operations to further destinations across South and Central Asia, the Far East, Middle East and Indian Subcontinent in the near future.

"The new hub will allow Air Arabia passengers to reach new destinations throughout South Asia, Central Asia, the Middle East and Far East, all with the same high standard of service they have come to expect from Air Arabia itself.
FlyYeti.com will also give customers in the Gulf states and wider Middle East an exceptional and inexpensive way to connect to these destinations," said Ali.

The large expatriate population of Nepal living in the MENA, South Asia and East Asia markets will also benefit from the partnership and hub, giving these passengers access to the vast network of both airlines. Operations officially commenced on January 20, 2008, with the inaugural flight from Kathmandu to Sharjah. FlyYeti.com's new website can be viewed at www.flyyeti.com.