Latest news with #lowcostcarrier
Al Bawaba
9 hours ago
- Business
- Al Bawaba
Jazeera Airways Restarts Direct Flights to Abha
Jazeera Airways, Kuwait's leading low-cost carrier, is resuming direct flights to Abha, in the Kingdom of Saudi Arabia, starting 15 July 2025. The seasonal route will operate three times a week until the end of September 2025, providing a convenient connection for travelers from Kuwait and across the region to one of Saudi Arabia's most scenic and culturally rich as the 'Bride of the Mountain,' Abha offers a unique summer escape with cooler temperatures ranging between 25–30°C, a vibrant cultural heritage, and picturesque mountain landscapes. Located in the Aseer region at the southern end of the Red Sea, Abha serves as an ideal base to explore the natural beauty and elevated terrains of southwestern Saudi on the relaunch, Barathan Pasupathi, Chief Executive Officer of Jazeera Airways, said: 'We are excited to bring back our seasonal service to the beautiful city of Abha—a destination that offers refreshing mountain breezes, breath taking natural landscapes, and a rich cultural heritage, making it an ideal getaway for summer travelers across the region. This route reflects our continued commitment to providing accessible and value-driven travel options to destinations beyond the ordinary. We extend our sincere thanks to the General Authority of Civil Aviation (GACA), the Saudi Tourism Authority (STA) and the Saudi Air Connectivity Program for their strong collaboration and unwavering support in making this relaunch possible.'Abha is the seventh destination served by Jazeera Airways in the Kingdom, further strengthening the airline's footprint in Saudi Arabia. In addition to direct traffic from Kuwait, the airline continues to facilitate connections from across its wider network into the Kingdom via behalf of the Saudi Tourism Authority, a long-standing Jazeera Airways partner in KSA, Abdulkarim Aldarwish, President of MEA Markets, explained 'We are pleased to announce the Jazeera Airways direct route from Kuwait to Abha, just in time for the peak summer season. Jazeera is a Key partner for Saudi destinations, and their continued investment in Saudi routes support our broader strategy to enhance air connectivity, we look forward to unlocking opportunities for travellers and business and promote Saudi destinations. The response to our 'Colour your Summer' campaign has been extremely positive particularly from Kuwait.' Majid Khan, CEO of Air Connectivity Program commented 'Enhancing Air Connectivity to the beautiful Aseer region from international markets is very high priority to further achieve our tourism targets from key source markets. We are delighted with the new direct route from Kuwait – Abha. This new route will provide direct access to Kuwaiti tourists through our partner, Jazeera Airways. We look forward to further develop a close partnership with Jazeera Airways in coming years to develop direct routes into Saudi Arabia.'
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CNA
14 hours ago
- Business
- CNA
Deep Dive - Jetstar Asia closure: Are the days of cheap fares over?
Deep Dive - Jetstar Asia closure: Are the days of cheap fares over? Jetstar Asia will cease operations on Jul 31, a move unsurprising to experts because the low-cost carrier was struggling to turn a profit in a tough aviation market. Otelli Edwards speaks to Shukor Yusof from aviation consultancy Endau Analytics and Dr Nitin Pangarkar from NUS Business School to find out what the future holds. 20 mins Deep Dive - Is Singapore's electric vehicle infrastructure catching up with demand? Electric vehicle sales hit a new high in the first three months of 2025, accounting for 40 per cent of total car registrations. Yet concerns about charging networks and capacity remain. Steven Chia and Otelli Edwards speak with transport economist Walter Theseira and Stephanie Tan, CEO of EV-Electric Charging. 25 mins Deep Dive - Calling 995? You may be rerouted to the NurseFirst helpline instead – here's how it works Non-life-threatening 995 calls will be directed to NurseFirst, a triage helpline, under a six-month nationwide trial aimed at easing the burden on emergency services. How exactly does it work, and will the public adapt? Steven Chia and Otelli Edwards find out from Col Dr David Pflug, chief medical officer of the Singapore Civil Defence Force and Dr Jade Kua, clinical lead for the NurseFirst helpline and senior consultant at the emergency medicine department in Woodlands Health. 18 mins
CNA
14 hours ago
- Business
- CNA
Deep Dive Podcast: Jetstar Asia closure - Are the days of cheap fares over?
Jetstar Asia will cease operations on Jul 31, a move unsurprising to experts because the low-cost carrier was struggling to turn a profit in a tough aviation market. Otelli Edwards speaks to Shukor Yusof from aviation consultancy Endau Analytics and Dr Nitin Pangarkar from NUS Business School to find out what the future holds. Here is an excerpt from the conversation: Otelli Edwards, host: I believe Changi Airport is aiming to expand its network to over 200 cities by the mid-2030s. But airlines will need to pay about 40 per cent more to land and park at Changi over time. To some extent, that's going to affect Changi's competitiveness as an aviation hub, don't you think? Dr Nitin Pangarkar, NUS Business School: It will, but it's a question of who they are competing against, right? They cannot compete on cost versus, say, Bangkok or Kuala Lumpur. Probably, they are targeting the Dohas and the Dubais and so on. Basically, their basis of comparison is that. When I arrived in Singapore 30 years ago, I must say that based on my impressions as a traveller, Changi seemed a lot more functional than luxurious. Otelli: Without the waterfalls and all the wonderful features. Dr Nitin: Yeah, without the waterfalls, without Jewel. There were only Terminals 1 and 2. (Terminal 2) was the new terminal at that time. I think Changi has taken a bit of a shift towards luxury. And when you do that, your costs go up. Singapore has also become more affluent. So everything is more expensive. Singapore is going to be a high-cost place compared to say, KL or Bangkok or some similar regional hub. Otelli: It's a bit worrisome for a large group of people who are used to S$100 and under sort of flight tickets, right? I guess to a certain extent, that is not practical, because then how does Jetstar for instance, make money? Does that also mean those days are over, that we shouldn't be expecting to pay such low prices? Shukor Yusof, Endau Analytics: They are over, a long time ago, post-COVID. I can confirm it's over. It's only low cost in name, but in reality, it's pretty much high fares. You have ancillary fees, you have a lot of other payments that you are going to be making. Otelli: So you think it has narrowed the gap (between) what you're paying for these so called low-cost carriers versus the legacy airlines? Shukor: Very much. So what we're seeing now is the legacy airlines, the flag carriers, are in fact becoming low-cost or budget airlines, if you look at Malaysia Airlines, Thai Airways, or Philippine Airlines. So those days when you could fly for a plate of chicken rice for example. For S$10 at the hawker centre, you could fly to Bangkok, you could fly to Jakarta. I've done that before ... at the forefront of when all these budget airlines were coming into the business. But now it's very different. It's more competitive. Previously, AirAsia had the first-mover advantage. They were the only ones running around and then subsequently, all the neighbours next to Singapore got very excited and they came up with their own low-cost carriers.
Argaam
2 days ago
- Business
- Argaam
flynas shares trade at SAR 69.90-81.30 on TASI debut
flynas Co. 's shares are trading today, June 18, between SAR 69.90-81.30, compared to a listing price of SAR 80 per share. The stock is witnessing active trading on 12 million shares with a total value of nearly SAR 900 million through 17,000 transactions within less than one hour after market opening. Shares of the Saudi Arabian low-cost carrier began trading on the main Tadawul All Share Index (TASI) today, June 18, under the symbol 4264 and ISIN code SA16AH822K19. The stock will be subject to a daily price fluctuation limit of ±30% and a static price fluctuation limit of ±10% for the first three trading days. The budget airline offered 51.3 million shares, or 30% of its SAR 1.70 billion capital, to the public. The offered shares represent 33.4% of flynas' pre-increase capital, which amounts to SAR 1.53 billion, divided into 153.43 million shares at a nominal value of SAR 10 each, Argaam earlier reported. The institutional offering was nearly 100x covered, with orders of more than SAR 409 billion.
Zawya
13-06-2025
- Business
- Zawya
Mango Airlines business rescue nears investor deal as South African Airways distances itself
The business rescue process for Mango Airlines is in its final stages, with a sale-and-purchase deal between the airline and its selected investor nearing conclusion. This follows ongoing public inquiries about the future of the low-cost carrier, which has been grounded since July 2021. Source: Maarten Visser via Wikimedia Commons Business Rescue Practitioner (BRP) Sipho Sono confirmed that Mango is working to finalise the transaction, which aims to relaunch the airline. This stage follows a lengthy process marked by debates and litigation between Sono, the former Ministry of Public Enterprises, and the South African Airways (SAA) board over concerns regarding transparency related to the identity and financial capacity of potential investors. As part of the process, Mango is also verifying outstanding claims from passengers who bought tickets before 26 July 2021 for travel dates beyond that, when the airline ceased operations. In a statement, South African Airways (SAA) moved to clarify its position, emphasising that it has no authority or involvement in Mango's financial obligations, business planning, or claims processes. Mango, though a subsidiary of SAA, entered business rescue in August 2021, separate from the process SAA exited in April 2021. 'SAA has no authority or direct oversight over Mango's financial obligations, current and future business plan,' the airline said. 'We urge affected individuals to follow Mango's official channels for any inquiries related to its business rescue process.' SAA reaffirmed that it remains focused on its operational priorities, while the outcome of Mango's business rescue lies solely in the hands of the appointed practitioner and the selected investor. All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
