MEA considers launching low-cost airline

In an article published by Emirati media outlet The National, Lebanese airline Middle East Airlines (MEA) announced it is considering the "establishment of a low-cost airline to serve destinations in the Middle East and Europe.""We are considering preparing, in the next two years, the launch of a low-cost airline [...] starting with four aircraft," said the airline’s president, Mohammad al-Hout. "This depends on our ability to find available planes; the searches are ongoing," he added.According to him, the low-cost carrier would be a wholly owned MEA subsidiary but would operate independently. After studying the market, he said MEA observed demand for low-cost flights to Europe and the Middle East, citing “for example Germany, Denmark and Egypt.” The announcement comes as the national carrier is often...