Home Transport Aviation UAE’s Air Arabia Says Buys 49% Of Jordan’s Petra Airlines Petra Airlines will be rebranded as Air Arabia Jordan and the UAE carrier will establish a hub at Amman’s Queen Alia International Airport. by Reuters January 5, 2015 Air Arabia has bought a 49 per cent stake in Jordan’s Petra Airlines, the United Arab Emirates-based carrier said on Monday. Petra Airlines will be rebranded as Air Arabia Jordan and the UAE carrier will establish a hub at Amman’s Queen Alia International Airport, with operations to commence under the new name in the first quarter, according to a statement to Dubai’s bourse. Petra Airlines’ main shareholder, RUM Group, will maintain a 51 per cent stake in the airline. 0 Comments