British Airways’ new short-haul subsidiary to take off in March

A British Airways aircraft moves towards the runway for takeoff at Gatwick Airport. (Shutterstock/File Photo)
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Updated 14 December 2021
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British Airways’ new short-haul subsidiary to take off in March

  • Tickets to 35 destinations across Europe and North Africa will go on sale from Tuesday, company says

LONDON: British Airways said its new short-haul subsidiary will start flying to 35 destinations, including the Moroccan city of Marrakech, from March next year.

The new airline, which the carrier said would operate under the BA name but exist as an “entirely separate entity,” will be based at London Gatwick Airport.

Tickets for flights to Marrakech, Amsterdam, Berlin and Athens, as well as other destinations in Spain, Portugal and Cyprus, would go on sale from Tuesday, it said.

BA said the subsidiary would initially operate three Airbus aircraft, but hoped to expand that to 18 by the end of May.

The subsidiary will operate similarly to BA CityFlyer, which is based at London City Airport.

“Today is a landmark moment for British Airways,” CEO Sean Doyle said. “The creation of a new British Airways short-haul organization means Gatwick customers will benefit from access to a premium service from the UK’s flag carrier at competitive prices.”

He continued: “We are looking forward to bringing a short-haul network back to Gatwick, with a fantastic flying team in place, to serve our customers from London’s second hub airport, which we feel sure will be a success.”

The airline suspended all of its short-haul services from Gatwick at the end of March 2020, as the COVID-19 pandemic took hold.

The IAG-owned company, historically the Spanish group’s most profitable brand, fell behind other subsidiaries Iberia and Vueling amid the UK’s tougher and longer restrictions on air travel compared with the rest of Europe.


The Family Office to host global investment summit in Saudi Arabia

Updated 18 January 2026
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The Family Office to host global investment summit in Saudi Arabia

RIYADH: The Family Office, one of the Gulf’s leading wealth management firms, will host its exclusive investment summit, “Investing Is a Sea,” from Jan. 29 to 31 on Shura Island along Saudi Arabia’s Red Sea coast.

The event comes as part of the Kingdom’s broader Vision 2030 initiative, reflecting efforts to position Saudi Arabia as a global hub for investment dialogue and strategic economic development.

The summit is designed to offer participants an immersive environment for exploring global investment trends and assessing emerging opportunities and challenges in a rapidly changing financial landscape.

Discussions will cover key themes including shifts in the global economy, the role of private markets in portfolio management, long-term investment strategies, and the transformative impact of artificial intelligence and advanced technologies on investment decision-making and risk management, according to a press release issued on Sunday.

Abdulmohsin Al-Omran, founder and CEO of The Family Office, will deliver the opening remarks, with keynote addresses from Saudi Energy Minister Prince Abdulaziz bin Salman and Prince Turki Al-Faisal, chairman of the King Faisal Center for Research and Islamic Studies.

The press release said the event reflects the firm’s commitment to institutional discipline, selective investment strategies, and long-term planning that anticipates economic cycles.

The summit will bring together prominent international and regional figures, including former UK Treasury Commercial Secretary Lord Jim O’Neill, Mohamed El-Erian, chairman of Gramercy Fund Management, Abdulrahman Al-Rashed, chairman of the editorial board at Al Arabiya, Lebanese Minister of Economy and Trade Dr. Amer Bisat, economist Nouriel Roubini of NYU Stern School of Business, Naim Yazbeck, president of Microsoft Middle East and Africa, John Pagano, CEO of Red Sea Global, Dr. Anne-Marie Imafidon, MBE, co-founder of Stemettes, SRMG CEO Jomana R. Alrashed and other leaders in finance, technology, and investment.

With offices in Bahrain, Dubai, Riyadh, and Kuwait, and through its Zurich-based sister company Petiole Asset Management AG with a presence in New York and Hong Kong, The Family Office has established a reputation for combining institutional rigor with innovative, long-term investment strategies.

The “Investing Is a Sea” summit underscores Saudi Arabia’s growing role as a global center for financial dialogue and strategic investment, reinforcing the Kingdom’s Vision 2030 objective of fostering economic diversification and sustainable development.