23 September 2017

Cover Story


Low cost carrier from Qatar Airways?
July 2008 69

QATAR Airways unveiled a deal to buy up to six Airbus A321 planes at Farnborough, UK, and said it was ready to set up a budget airline to repel any attack by a rival airline on its home market, according to Reuters. Chief Executive Officer Akbar Al-Baker told reporters that setting up a low cost carrier depended on rivals eroding Qatar Airways’ market share but he was ready to “launch a low cost carrier within 90 days”.
Reuters quotes Qatar Airways as saying on Tuesday it had signed a memorandum of understanding to buy up to six A321 narrow body aircraft from European plane maker Airbus in a deal worth around $540 million at list prices. Four were firm, two were options.
Al-Baker also said he was in negotiations with Airbus to buy further A320 family aircraft and hoped to make a further announcement soon.
The chief executive was also interested in Bombardier's new CSeries 100-145 seat aircraft.







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