Indian businessman to launch airline in UAE

An Indian businessman is all set to launch an airline - making it the fifth airline based in the UAE.

Paul Kang, an Indian businessman who earlier owned companies involved in aviation catering as well as supplied goods to duty-free shops in the UK and Fujairah, is planning to launch Kang Pacific Airlines from Fujairah in October.

Kang told Gulf News that he is self-financing the airline's launch with $10 million in start-up capital primarily to procure two DC-10s, a Boeing 747 and one Boeing 737 over the next six months. The fleet will primarily consist of leased aircraft.

The services will initially begin for Philippines, Bangladesh, India and Sri Lanka and later operate flights to the UK.

The airline will operate as a hybrid between a budget and a full-service carrier, Kang said.