Source: NBK Capital
MENA in Focus
In this section, we take a look at the low-cost carrier (LLC) models in the Middle East. Although the Middle East may be known for its strategic proximity for long-haul routes, inter-regional air traffic and flights to neighboring countries are expected to take off, allowing room for LCCs to take on some market share. We take a look at what drives the LCC model in the region, some of the current players, and possible outcomes going forward.