newswatcher
17th December 2002, 11:38
Extract from the UAE "Gulf News(17/12):
"Sheikh Hamdan bin Mubarak Al Nahyan, chairman of Abu Dhabi Civil Aviation and Gulf Air, yesterday announced that Abu Dhabi has plans to launch its own airline, but said no time frame to do so has yet been set.
In a recorded message to the two-day first Middle East Duty Free Conference, Sheikh Hamdan said, "Abu Dhabi always plans ahead - establishing our own airline has always been there, but we have not decided when.
Sheikh Hamdan reiterated that Gulf Air is expected to go back to profitability by 2005, and that Abu Dhabi's new terminal, which is expected to be ready by the same year, will have a 4,000 square metre shopping complex with new ideas and concepts."
"Sheikh Hamdan bin Mubarak Al Nahyan, chairman of Abu Dhabi Civil Aviation and Gulf Air, yesterday announced that Abu Dhabi has plans to launch its own airline, but said no time frame to do so has yet been set.
In a recorded message to the two-day first Middle East Duty Free Conference, Sheikh Hamdan said, "Abu Dhabi always plans ahead - establishing our own airline has always been there, but we have not decided when.
Sheikh Hamdan reiterated that Gulf Air is expected to go back to profitability by 2005, and that Abu Dhabi's new terminal, which is expected to be ready by the same year, will have a 4,000 square metre shopping complex with new ideas and concepts."