Monday, 28 August 2017

Flydubai losses widen to Dh142m in first half | GulfNews.com

Flydubai losses widen to Dh142m in first half | GulfNews.com:

"Low-cost carrier Flydubai reported Dh142.5 million in losses for the first half of 2017 on Monday, with the figure widening from the Dh89.9 million in losses reported in the same half of 2016. The airline attributed losses to higher fuel costs and pressure on yields. The losses came despite a 9.9 per cent year-on-year rise in revenues, which reached Dh2.5 billion in the first half as an increase in passenger numbers gave a boost to revenues. Passenger numbers reached 5.4 million, up 10.5 per cent year-on-year."



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