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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Fly Baghdad is planning European flights next year and an initial public offering in 2020

    Rocky
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    Fly Baghdad is planning European flights next year and an initial public offering in 2020 Empty Fly Baghdad is planning European flights next year and an initial public offering in 2020

    Post by Rocky Wed Nov 29, 2017 5:46 pm

    Fly Baghdad is planning European flights next year and an initial public offering in 2020

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    Economy News Baghdad:
    The airline intends to list on the stock market in 2020 and plans to start flights to Europe and India next year, expanding its network beyond the Middle East, the airline's chief executive said on Wednesday.
    "There is a huge population with money and there are not many places to visit in Iraq," Ali al-Hamdani told a sector conference in Dubai. Everyone is talking about travel, "according to Reuters.
    Al-Hamdani said Flay Baghdad will begin talks with local and European regulators early next year to launch European routes that will target Iraqi expatriates abroad.
    Flydu aims to start earning profits next year after adding flights to Frankfurt in Germany, Malmo in Sweden and Delhi in India as part of a proposed network expansion that will also include Dubai.
    And the national carrier Iraqi Airways banned in Europe since 2015 because of problems related to compliance with safety standards.
    Baghdad's flyer plans to move about one million passengers next year if it goes ahead with the proposed expansion of its network, compared with the 300,000 passengers it is expected to transport this year.
    Al-Hamdani said Falai Baghdad would lease a Boeing 737-700 and a Boeing 737-800 next year for use on the proposed new routes, adding that the company's fleet would have six to eight aircraft by 2020, the year it plans to issue an initial public offering.
    He said it was too early to talk about the location of the listing or the outcome that the company aspires to collect and fly Baghdad will start flights to Ankara in Turkey and Beirut in Lebanon next month.
    Baghdad, owned by Iraqi investors, was launched in 2015 to compete with state-owned Iraqi Airways, one of the oldest airlines in the Middle East, and a few other privately owned airlines.
    The Baghdad-based fleet consists of two Boeing 737-700 aircraft with 149 seats and one Bombardier SRJ 200 aircraft with 50 seats used for trips to the cities of Erbil and Sulaymaniyah in northern Iraq, Istanbul in Turkey and Amman.


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