Flydubai

DUBAI, United Arab Emirates | Budget carrier FlyDubai ends 2018 with $43.5M loss

DUBAI, United Arab Emirates (AP) — FlyDubai says revenues rose to $1.7 billion in 2018, but the company ended the year with a loss of $43.5 million. In a statement Wednesday, Dubai’s government-owned budget carrier blamed fuel costs, rising interest rates and “unfavorable currency exchange movements” for the loss. It had made $1.5 billion in … Continue reading DUBAI, United Arab Emirates | Budget carrier FlyDubai ends 2018 with $43.5M loss

Budget carrier flydubai sees profits and revenue increase

DUBAI, United Arab Emirates  /February 21, 2018 (AP)(STL.News) — Budget carrier flydubai said Wednesday its earnings and profits have increased, with revenue reaching 5.5 billion dirhams ($1.5 billion) in 2017 compared to 5 billion dirhams ($1.37 billion) in 2016. Profits for the Dubai-based airline reached 37.3 million dirhams ($10 million) last year, up from 31.6 … Continue reading Budget carrier flydubai sees profits and revenue increase