Flydubai returns to profit in 2019, but says growth 'significantly impacted' by Max grounding - Gulf Business:
Dubai-based airline flydubai has reported a full-year profit for 2019, after it posted a loss in 2018, although revenues were weighed down by the grounding of the Boeing 737 Max.
The airline reported a profit of Dhs198.2m, compared to a loss of Dhs159.8m in 2018. However, revenues fell to Dhs6bn, down 2.6 per cent from Dhs6.2bn in 2018.
The total number of passengers carried also fell to 9.6 million, a decline of 12.7 per cent from 11 million in 2018.
Ghaith Al Ghaith, CEO at flydubai, blamed the grounding of the Boeing 737 MAX for heavily impacting operations.
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