Qatar Airways plans to establish an LCC subsidiary

Qatar Airways Profile

Qatar Airways: “Launching a low cost carrier is becoming a fashion now and we may soon join the fashion too…We will not be tying up with any low-cost airline. If the influx of low-cost carriers into the market is going to hurt my market share, yes, we will launch our own low-cost carrier… A low-cost is not really low-cost in our region. And the model does not actually work in our region. But we will have to do something if my market share is hurt. Personally, I am still against the idea of a low-cost carrier. But joining the bandwagon would not be because I am for the idea,” Akbar Al Baker, CEO. Source: arabianbusiness.com, 08-May-08.

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