Sunday 18 October 2015

Flydubai swings to loss as conflicts in Iraq, Ukraine and Yemen force flight suspensions | The National

Flydubai swings to loss as conflicts in Iraq, Ukraine and Yemen force flight suspensions | The National:

"Flydubai yesterday said it swung to a loss of Dh147.4 million in the first half of the year amid lower Russian demand, and the suspension of flights to Iraq, Yemen and parts of Ukraine.

The strengthening of the US dollar in the past year also weighed on the airline’s profitability.

Flydubai, also known as Dubai Aviation Corp, posted a profit of Dh53.1m in the first half of2014."



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