unaligned

Low-cost carrier flydubai reduced its deficit for the 2016 first half, registering a net loss of AED89.9m ($24.5m), a 39% improvement on the same period a year ago. The Dubai-based LCC achieved the result on revenue of AED2.3 billion, up 5.4% year-on-year. Passenger numbers were up 16.5% to 4.9m, while business class passengers grew 19% compared to a year previously, although no actual figures were announced. Flydubai operates a small business cabin to boost revenues, similar to other Middle East carriers. Like many carriers this year, flydubai reported a squeeze on margins. “We have seen continued pressure on yields due to the uncertain international economic situation set against a backdrop of lower oil prices and adverse currency exchange rates,” CFO Mukesh Sodani said. “We maintain a sharp focus on cost improvement while pursuing our broader goal of expanding our network and our service offering.”<br/>

Emirates Skywards, the frequent flyer programme of Emirates airline, marked its 16th anniversary with over 16m members and the launch of new initiatives to enhance reward options for members. Since the programme’s inception in 2000, Emirates Skywards members have redeemed 220b miles on reward flights, hotel stays, and access to events worldwide. Emirates Skywards has 14 airline partners including strategic partnerships with Easyjet and Qantas. The programme also has 24 hotel partner brands covering nearly 20,000 properties worldwide.<br/>