Travco Group plans low-cost carrier
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Egyptian tour operator and hotelier, Travco Group, has announced plans to launch a new low-cost carrier, according to a Gulf News report. The company said it hoped to launch the new airline later this year.
“It’s going to be a joint venture with another UAE-based budget airline and we will soon announce its launch,” Travco’s Chief Operating Officer, Osama Bushra, told Gulf News.
The low-cost carrier sector caught on later in the Middle East than in other parts of the world, but is now booming. Travco Group already has a significant presence in the UAE, and could directly challenge the region’s largest LCC, Sharjah-based Air Arabia, and newly-formed flydubai.
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