Dubai: The Dubai government today announced the launch of a low-cost airline to be managed by state-owned carrier Emirates.

The new company, set up on the instructions from UAE vice president Sheikh Mohammed bin Rashid Al-Maktoum, will be led by Emirates commercial operations director Ghaith al-Ghaith, the official Emirates news agency said.

It said while setting fares structure, the company will be taking the financial and living conditions of passengers into consideration.

"Services will be of low cost economically out of Sheikh Mohammed's sincere keenness to ease burden of living conditions of passengers and enable them to reunite with their families and relatives at home," said HH Sheikh Ahmed bin Saeed Al Maktoum, Head of Dubai Civil Aviation and Chairman of the Emirates Group.

Ghaith Saeed Al Ghaith has been named as CEO of the new airline company.

Source : PTI