Browse related articlesSpeaking exclusively to AME Info, George Cooper said: 'Once you have committed to aircraft and started hiring people it's an unstoppable momentum,'
He said there was a demand for such airlines, saying Wataniya plans to keep 'intrinsic costs' low and put a premium product into the market at a 'normal price'.
Its Airbus A320 aircraft will have 122 seats, including in 26 first class and 96 in premium economy.
The company is keeping destinations under wraps because it is still negotiating on some routes, but he said the airline will initially fly no further west than Cairo, serve the Gulf and not fly east or to the subcontinent at this stage. Routes will be announced very shortly, he added.
Wataniya is privately owned, with 70% of the company's shares held by Kuwaiti nationals after its IPO in 2006. The company will list on the Kuwait Stock Exchange before year end, market 'conditions permitting', Cooper added.
See the video interview with George Cooper, CEO of Wataniya
Wataniya launches airline despite financial gloom
The CEO of new Kuwait low-cost carrier Wataniya, which launches in January, has laughed off suggestions that airlines would rather be running the other way than launching in the current financial environment, saying the set-up now has unstoppable momentum.
Kuwait: Monday, November 17 - 2008 at 12:04
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StaffMonday, November 17 - 2008 at 12:04 UAE local time (GMT+4)
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