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The airline currently operates 16 (leased and owned) A320s
Air Arabia orders 10 additional Airbus A320s
Friday, November 14, 2008
Sharjah-based low cost airline, Air Arabia, has signed a contract with Airbus for 10 additional A320 aircraft. The contract follows an earlier agreement for 34 Airbus A320 aircraft signed at the end of 2007. Sheikh Abdullah Bin Mohammed Al Thani, Chairman of Air Arabia, said, “Our vision is to be one of the world’s leading LCCs in terms of profit margins, innovation, reputation and operational excellence, and having the A320 at the heart of our fleet is the best and quickest way we can achieve this.”

“Following Air Arabia’s expansion plans and the new hub in Morocco expected to operate next year, expanding the fleet size is certainly a need. The Airbus A320 aircraft has an outstanding success record throughout the world and is ideal for our needs and those of our customers” Sheikh Abdullah added.

Air Arabia currently operates 16 (leased and owned) A320s and serves a network of 44 destinations across the Middle East, North Africa, Indian Subcontinent, Eastern Europe and Central Asia. Launched in October 2003 and based in Sharjah, UAE, Air Arabia has served more than 10 million passengers over the past five years.
Theodore Koumelis - Friday, November 14, 2008
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The imminent privatization of Olympic Airlines is expected to change the fate of this debt-laden airline. What do you think the new owner should do in regard to the brand name of the Greek national flag carrier?.

Keep “Olympic Airlines” as the name of the company as it remains a strong brand.

The company should keep “Olympic” as an element of its name but refresh the brand (e.g. “New Olympic Airlines”).

The airline should drop “Olympic” from its name. This brand has lost its value and isn’t relevant to the market anymore.

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