Dubai: Sharjah-based budget carrier Air Arabia said it will establish a new hub in the Nepalese capital, Kathmandu, providing the airline with a platform from which to serve markets stretching across South and Central Asia, the Far East, Middle East and Indian Subcontinent.
This announcement follows the signing of a joint venture agreement between Air Arabia and Yeti Airlines, the market leader in domestic air travel in Nepal and approval from Nepal Government's Department of Industries.
Under the terms of the agreement, Air Arabia and Yeti Airlines will jointly establish a new low-cost carrier, based in Kathmandu that will provide affordable and convenient service to a broad range of international destinations. |
