RAK Airways information updated with news about it becoming the third budget airline in the UAE, after Air Arabia and Fly Dubai. Although the source of the information seems unusual - the CEO of RAK Free Zone, Oussama El Omari, as reported by Emirates Business 24-7 on 09 November 2009. Apparently he knows whats happening though …
“The feasibility studies have been completed and the airline’s restructuring is almost complete. It will not compete with the Emirates and Etihad but rather with Air Arabia, … The aim to is to target executives and economy passengers. The airline is being restructured to meet the market needs,“