nas air CEO forecasts economic downturn to bring consolidation to Middle East LCC market

The phenomenal growth in aviation witnessed in the Middle East and the progressive liberalisation of access by regional governments has attracted an unprecedented wave of airline start-ups to the region. However, Walter Prenzler, CEO of nas air has forecast that consolidation will become a part of the regional LCC market, in the next few years reflecting in more mature markets over recent years. [748 words]

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This report contains the following subheadings:

• 2009 plans to be adjusted as demand falls

This report contains the following charts and tables:

• Middle East LCCs and planned start-ups