Airline

Jazeera Airways Buys Sahaab Aircraft Leasing

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.   
 

More Airline
Big jump in international passengers for Saudi Airlines
flydubai will fly to Tashkent from 11 March 2019
New Istanbul airport starts operations
Latest Travel News
flydubai to operate some flights from Du...
South Korea Pavilion among top five at E...
Collect souvenirs from the first Emirate...
Featured Sights To See
Madinah Dates Company/Dates Market

Madinah Dates Company/Dates Market

Madinah, Saudi Arabia

The Madinah Dates Company and the Dates Market offer varieties of dates from chocolate flavored and almond filled to the traditional khajji. These dates are a major attraction for foreign nationals since dates of Madinah are famous worldwide for their supreme taste and quality. The Dates Company has an on-premise factory and offers more expensive dates than the ones offered by the Dates Market. ...

Pinacoteca do Estado

Pinacoteca do Estado

Sao Paulo, Brazil

Known for its State Art Gallery that has over 5,000 works of art old and new, the Estado is a haven for art lovers. The restaurant here is also worth checking out. Address : Praça da Luz 2, Centro Tel : 011-3229-9844 Timings : Tuesday-Sunday, 10am-6pm Entry fee : R$4; Saturdays free.  ...

Vietnam National Museum of Fine Arts

Vietnam National Museum of Fine Arts

Hanoi, Vietnam

Open daily from 8:30am to 5pm the museum the Vietnam National Museum of Fine Arts features Vietnamese art of the 20th century, up to the 1970s. Much of the art is outstanding with entire rooms devoted to the Vietnamese style of lacquer and silk painting, woodblock, and folk art, wile the gift shop has some modern works of well-known artists for sale. Address: 66 Nguyen Thai Hoc, Hanoi ...

Imaginosity

Imaginosity

Dublin, Ireland

Being Ireland’s first interactive museum for children under 9, it has become extremely popular. Exhibits are fun, exciting and extremely engaging. The musuem has an art studio so kids can get wild with colours and their imagination and a kid’s stage where children can create their own stories, try on different costumes and change the props on the stage. The museum also has a café (Café Kiddiccino)...