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Airlines eye Saudi carrier license

A consortium comprising the Jeddah-based Islamic Development Bank (IDB) and EgyptAir is one of seven consortia and companies that have qualified for the right to present their offers to secure the kingdom's third air carrier license, Daily Tribune has reported. Gulf Air, Bahrain Air and Qatar Airways are also among the firms in pre-qualified consortia bidding for a new airline licence in Saudi Arabia, said an official from the General Authority for Civil Aviation (GACA). The list of the seven pre-qualified consortia also includes Chinese firm HNA, the parent company of Hainan Airlines Co, and UAE-based private carrier Falcon Express.