In response to this, Sheikh Mohamed bin Rashid Al Maktoum decided to create a new airline and thus began the era of Emirates airlines. Emirates was established in 1985 with two Boeing 727s from the royal fleet and an Airbus and a Boeing leased from Pakistan International Airways(PIA). It was initially the flag carrier of UAE. It carried 86,000 passengers in its first year of operation. Emirates is the classic example of a true hub and spokes system. It relies on connecting the world via Dubai. Emirates
and entered commercial service with Singapore Airlines in 2007. A cargo version was also offered to the airlines before being cancelled due to the lack of order and a high pressure on the delivery of the passenger version. Airbus also emphasizes the smaller environmental footprint of the aircraft. “With the latest technology,
3. Pegasus Airlines According to Pegasus site official information (Source: http://www.flypgs.com/en/about-pegasus/pegasus-history.aspx, 2013) and (http://www.pegasusyatirimciiliskileri.com/en/about/history-of-pegasus.aspx): "The company offered 34.5 percent of its shares of stock to the public. The shares began to be traded at the Borsa Istanbul as BIST: PGSUS on April 26, 2013. It is a leading low-cost airline in Turkey, which provides reasonably priced transportation opportunities in short and