Thursday, January 3, 2008

Yemenia signs agreement to re-build, restructure Djibouti Airlines

SANA'A, Jan. 02 (Saba)- Yemen Airways signed on Wednesday an agreement with the Djibouti Airlines to rebuild and restructure the Djibouti Airlines, the National Carrier of Djibouti.

The agreement was signed by Broad Chairman of Al-Yemenia Abdul-Khaliq al-Qadi and Board Chairman of the Djibouti Airlines Mosa Waberi. It stipulates that the Yemenia is responsible for renovating and developing the eight aeroplanes of the Djibouti Airlines to meet the required conditions as a national career and member in the International Air Transport Association (IATA).

In a statement to Saba, Broad Chairman of Yemen Airways clarified that this agreement is to raise and upgrade services of the Djibouti Airlines, specially in the technical and operational sides as the Yemenia has a long experience in this regard. He added that Yemen would send a team under the agreement to Djibouti to assess the needs of the Djibouti Airlines and prepare a program to develop Djibouti's airways operator to become a competitor in the region. During the meeting, Al-Qadi said this agreement comes after the Djibouti Airlines revealed that it has a number of foreign investors to raise its capital and also as a result of the fruitful cooperation between the two countries.

For his part, Djibouti Airlines Board Chairman pointed out that the signed agreement is to provide Djibouti with modern and new planes required to operate according to the IATA policy, affirming that the agreement states holding joint flights between the two sides to cover European, Asian or African flights schedules. He praised the latest developments and achievements of the Yemen Airways at the regional and international level. Waberi also pointed out that investors from Yemen, Emirates and Djibouti would provide $12 million, as a first stage, for the operational and structural works of the Djibouti Airlines.

Source: SA/AM Saba

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