Jazeera Airways announced that it has purchased Sahaab Aircraft Leasing Company (Sahaab) for 25.6 million Kuwaiti dinars (Dh 325.4 million). Sahaab is a private aircraft leasing company established in 2008 that currently owns a fleet of nine Airbus A320s that were bought and then leased back to Jazeera Airways. Sahaab will continue to operate as a fully owned subsidiary of the airline, leasing aircraft to Jazeera and other carriers in the region.
The acquisition of Sahaab gives Jazeera a way to achieve its strategic vertical integration initiatives set for 2010 and 2011, which include airline acquisition plans and access to global leasing markets. Marwan Boodai, Jazeera Airways chairman, said “As a result of this acquisition, Jazeera Airways will now be even more strongly capitalized to pursue its strategic aspirations, regardless of any prevailing market environment.” The acquisition is expected to be complete by March 31st, 2010.
Fantasy Land Located within a shopping complex, this play area caters to toddlers and younger children. Apart from swings, slides and trains, there are also arcade games, a 3D cinema and a car racing track. Timings: Daily, 11 A.M- 11 P.M Admission: Free entry, PKR 5 per ride Address: PACE, M.M Alam Road Tel: +92-42-111-111-603 Jallo Park This is a popular picnicking s...
Perhaps the most dominating Catholic Church in Tunis, the Cathedral of Saint Paul has been built on neo-byzantine structures with two towers that can be seen from far. The church holds a lot of importance for its followers because Saint Paul, a Frenchman was abducted by pirates to Tunis and held in prison for two years in 1605. History has it, he was sanctified by the pope in the 18th century. ...
This fort is a magnificent structure and was crucial to the military strength of the Mughals who used it as their military headquarters. The Sikhs too, who ruled Lahore briefly, used the fort as part of their defense strategy. Inside the fort is a small museum showcasing the Mughal rule of Lahore with artifacts dating back to the era. Another gallery is dedicated to the Sikh rule of Lahore. There ...
The Bandos Island Resort, or "The Island of Hospitality" as it’s also called, was built in the 1970's. It is one of the pioneer tourist resorts of Maldives. Located just 7km from Male International Airport, this tropical paradise is where sun, sand and sea can be found in perfect harmony with comfort and luxury. Recently refurbished, the resort houses very fine restaurants. The Harbour Restauran...