Dubai: Air Arabia will establish a second hub in the Moroccan capital of Rabat that will allow it to carry passengers to Europe, North Africa and the Middle East, the company said yesterday.
The Sharjah-based budget airline announced yesterday that it has signed a management agreement with Regional Air Lines, a private carrier in Morocco.
Under the agreement, Air Arabia will assume management control of the carrier and apply its business model to its management. In addition, Air Arabia and Bahrain-based Ithmaar Bank will invest capital in the Moroccan airline. |