RAK Airways set to re-launch by end of year
RAK Airways, the UAE's fourth national carrier, announced on Wednesday that it will re-launch services before the end of this year, following a hiatus of more than 12 months.
Sheikh Omar Bin Saqr Al Qassimi, chairman of RAK Airways, said that the exceptionally tough market conditions, created by the global economic turndown, had forced the young airline to suspend schedule services in May 2009.
"We are now ready to make a strategic re-entry into the market," he said in a statement.
Source:Arabian Business