Posted on: 07 June 2010 by Mark Howells
Air Arabia and Tantash Group, an Amman-based diversified investment company active in the travel sector, have announced a joint venture agreement to launch a new low-fare airline based in Amman, Jordan.
Air Arabia Jordan, the first LFA based in the Hashemite Kingdom, will provide direct service to a range of destinations across the Europe, Middle East and North Africa region from Queen Alia International Airport. It will be the fourth operation under the Air Arabia brand, following the original Sharjah-based company, Air Arabia Maroc (based in Casablanca) and Air Arabia Egypt (based in Alexandria).
“We thank the Jordanian Ministry of Transport for granting all the support to launch this new project. The signing of our joint venture agreement with Tantash Group, one of Jordan’s leading investment companies, represents yet another milestone in the ongoing evolution of Air Arabia,” commented Adel Ali, group chief executive officer, Air Arabia. “At a time when the global and regional economy continues to demonstrate strong signs of sustained recovery, we are confident of the long-term growth opportunities for the first low-cost carrier in the Kingdom, which will provide the high level of service, operational reliability and value-for-money fares that have become hallmarks of the Air Arabia brand.”
“With nearly two decades of experience in the travel and tourism sector in Jordan, Tantash Group, like our partners Air Arabia, is a pioneer in the region’s rapidly expanding travel sector,” said Mazen Tantash, Chairman, Tantash Group. “This partnership therefore represents a unique synergy of skills, experience and management vision, which will provide significant benefits for travellers based in Jordan and across the wider EMEA region.”