New Saudi domestic carrier to get discounted fuel
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New Saudi domestic carrier to get discounted fuel

New Saudi domestic carrier to get discounted fuel

Saudi Arabia's General Authority for Civil Aviation (GACA) has said the successful bidder for the kingdom's new domestic license will be able to buy fuel at the same discounted price as national carrier Saudi Arabian Airlines, Saudi Gazette has reported. The move "is an important as the higher fuel costs was a major factor in the collapse of Saudi low-cost carrier Sama Airlines in August 2010," the report said. The winning firms or consortium will be in October, while operations are expected to start at the end of next year. Bahrain's Gulf Air and Qatar Airways were short-listed among the final bidders for the licence.

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    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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