Adel Ali, CEO of Air Arabia, explains how the global economic downturn has benefited the low-cost carrier, as the increasing number of passengers opting for a cheaper service has allowed it to increase its fleet and service more destinations, putting it on course for continued international expansion.
Latest articles from Companies
Qatar Airways soars while competitors splutter
The aviation industry was one of the main casualties of the global economic crisis in many regions around the world, but in the Middle East its growth has continued unabated. Central to this growth has been the expansion of Qatar Airways, which, according to its CEO, has no plans to slow down.
S&P warns MENA countries over eurozone instability
Ratings agency says downward ratings possible for many MENA countries due to weak economic growth.
Columbus mayor strives to make sure city cannot be ignored
The Ohio city of Columbus has been one of the US's investment success stories of the past decade. Its mayor tells fDi how a road-building programme, the development of its central district, and the time-honoured tactic of visiting as many would-be investors as possible are paying dividends.
New trade laws aim to make Turkey more investor friendly
New laws aimed at increasing transparency and strengthening foreign investor rights bring Turkey in line with other EU member countries.
Renationalisation threatens to shake investor confidence in Argentina
Argentinian president Cristina Fernández's decision to renationalise the country's largest oil company is the latest in a series of populist moves that could seriously dent the country's reputation and its ability to attract FDI.
London mayor to promote investment through fDi Magazine award
London is using its first place ranking in fDiMagazine's European Cities & Regions of the Future 2012/13 as a way of attracting even more foreign investment, according to the city's mayor Boris Johnson.
Oil discovery ignites political tensions in Uganda
Oil reserves discovered in Uganda have the potential to transform the economic status of one of the world's least developed countries. But ongoing political friction in the country and indecision over the laws pertaining to the extraction of the oil are causing concerns about just how beneficial the money from these reserves will be to the country as a whole.
Xerox looks to duplicate its paper success story
As many office-based tasks traditionally carried out on paper move to digital, companies such as Xerox have faced a fresh set of challenges. However, while not stepping back from the hardware technology sector, Xerox is making great strides through its services-led, technology-driven approach, particularly in emerging markets.
Will Africa be the focal point of biomass boom?
The rising price of oil coupled with newfound environmental concerns have left many countries looking to source alternative energy supplies and biofuel – long used in households across Africa – has emerged as one potential source of alternative energy. But as investors look to exploit biofuel's potential, questions are already being raised about the sustainability of the sector.
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