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UAE airline ceases operations

[ January 4, 2014   //   ]

RAK Airways – the national airline of the emirate of Ras Al Kaimah in the UAE – suspended its operatjions on 1 January “until further notice”. It blamed “market conditions, increased operating costs and the impact of the regional political instability on the overall aviation industry.” RAK Airways operated cargo services from Ras Al Kaimah to a number of destinations in the Gulf and Indian subcontinent. A previous incarnation of the carrier ceased operations in 2009 before being relaunched in 2010 under the current management.

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