Air Arabia, the first and largest lowcost carrier (LCC) in the Middle East and North Africa, announced the acquisition of 34 Airbus A320 aircraft and 15 options at the Dubai Air Show. The deal, valued at $3.5 billion at list prices, will more than triple the size of the Sharjah-based airline’s fleet. The airline also announced that it will establish its second hub in the Moroccan capital, Rabat, providing the low cost carrier with a platform from which to expand operations into the Europe, Middle East and Africa market.
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