Egyptian travel group Travco is in talks with a UAE firm to launch a new budget airline. 'Its going to be a joint venture with another UAE based budget airline and we will soon announce its launch,' Travco Chief Operating Officer Osama Bushra said. The airline venture is part of the company's continuing expansion in the hospitality business. Last month Travco bought Germany's Steigenberger Hotels.Thursday, September 3, 2009
Travco to launch budget airline
Egyptian travel group Travco is in talks with a UAE firm to launch a new budget airline. 'Its going to be a joint venture with another UAE based budget airline and we will soon announce its launch,' Travco Chief Operating Officer Osama Bushra said. The airline venture is part of the company's continuing expansion in the hospitality business. Last month Travco bought Germany's Steigenberger Hotels.
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