NIC The Resumption of the Austrian flights Reinforces Investment Cooperation with Europe

NIC The Resumption of the Austrian flights Reinforces Investment Cooperation with Europe

After the resumption of the Austrian Airlines Flights to Iraq

NIC The Resumption of the Austrian flights Reinforces Investment Cooperation with Europe

NIC assured that the resumption of flights from the European countries is considered as a very important step in the path of reinforcing investment cooperation between Iraq and Europe since this will contribute a lot to facilitating investors and businessmen access to the country.
This assurance was on the occasion of the landing of the first Austrian Civilian plane in Baghdad International Airport on the 8th of June. 2011 after a break for the Austrian Airlines that went for more than 20 years, an NIC official source said that European countries have big investment companies of different specializations and that Iraq is in need for the expertise of these companies to participate in the investment process Iraq is currently witnessing, assuring that opening a direct airline between Iraq and Europe (Baghdad- Vienna) represents a turning point for more comers in addition to removing many of the obstacles facing investors and sparing time, effort and money.
The Austrian Airlines in its turn announced through its website that three flights will be organized weekly to fly to Baghdad on the board of the Airbus (A320)
In the other hand, Mr. Hussien Masaood, president of the Holding Company of Egypt Air, announced from Cairo that the company had decided to resume its flights to Iraq after 21 years of stoppage starting from the date of 16. Jul.2011 by seven flights a week four to Baghdad and three to Erbil, clarifying that this decision had come to deepen the distinguished relations between Iraq and Egypt and to open new channels for economic and investment cooperation between the two countries.