About Felix Airways
From idea to a strong entity
Capital of the company
Felix Airways operates today with non-stop growing assets; in fact the company capital stands at 100 million dollars.
The fleet :
The total fleet of Felix Airways was purchased from third biggest manufacture worldwide: the Canadian company Bombardier. The fleet consists of two Bombardier CRJ 700 & two Bombardier CRJ 200 aircrafts, company is planning to increase the fleet and aircrafts capacity.
The network :
Felix Airways operates on both internal and external routes. Inside the country the airline visits 8 locations: Aden, Riyan, Taiz, Hodiedah, Sayoun, ALghaydah, Attaq and Socotra. As for external destinations, Felix Airways visits 7 capitals and cities: Sharjah, Djibouti, Dammam, Abha, Jeddah, Magadeshu and Hargiesa. Felix Airways will reach around 15 key capitals and cities in the region including: Al Taif, Jazan, Alexandria, Beirut, Dubai, Doha, Bahrain, Al Khurtum, Mombasa, Zinzibar and Dar Es Salam.
2014 Expected New Routes
In 2008, Felix Airways was established to support the rapid growth of Yemen's economy and the development of the transportation infrastructure. For this, Yemen Airways and the Islamic Corporation for the Development of the Private Sector ICD in Jeddah, have decided to launch "Felix Airways", allowing the company to become the first privately owned domestic/regional low-fare airline in Yemen with 25% ownership by Yemenia Airways (where Yemenia Airways is 51% owned by Yemen government and 49% is owned by Saudi government) and the other ownership is 45% held by the ICD, Al Tayyar Travel Group (ATG) Acquire is 20% and 10% by AlSairfay Group, which means Saudi investors and governments owns 87.25% of total capital.
Felix Airways aims to serve the transport need of the citizens of Yemen, along with visitors to the regions of Yemen and the surrounding countries.
The Islamic Corporation for the development of the Private Sector (ICD) is a multilateral organization, affiliated with the Islamic Development bank (IDB) Group. Its shareholders are the IDB, 45 Islamic member countries, and 5 public financial institutions from member countries. The mandate of ICD is to support economic development of its member countries through the provision of finance to private sector projects in accordance with principles of the Shari'a through promoting private sector development.
ICD also provides advice to governments and private organizations encourage the establishment, expansion and modernization of private enterprises.