CNN Market Place Middle East
SHOW #113
IN FOCUS: AIRLINE BOOST?
It's an industry that's been hit hard in North America and Europe by the downturn, but at this year's Dubai Air Show, it’s evident that Middle East carriers are keeping the aviation sector afloat. And despite delays, the region’s airlines are sticking behind large-scale orders to the likes Boeing and Airbus.
FACETIME: STEFAN PICHLER, CEO, JAZEERA AIRWAYS
In spite of the global slowdown, the Middle East low-cost carriers sector is growing rapidly. In the last couple of years, five new airlines have been launched in the region. Jazeera Airways, the Middle East’s first privately owned airline, is planning a major expansion in the next five years. MME talks to Jazeera’s CEO to find out why, and if he believes a recovery is on its way?
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