FlyDubai profit drops sharply in year of deadly accident
FlyDubai says its profit tumbled by 69% last year despite a rise in sales fuelled by its growing operations. The airline said Wednesday that it earned AED31.6m (US$8.6m ) last year, compared with AED100.7m in 2015. Revenue increased just over 2%, to $5b. FlyDubai is still recovering from its worst accident in March 2016, when a 737-800 crashed in the Russian city of Rostov-on-Don, killing all 62 people on board. The carrier says passenger numbers rose more than 14%, to 10.4m last year as it expanded its fleet to 57 planes. But CE Ghaith al-Ghaith says the airline continues to face a "difficult pricing and operating environment." <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-02-02/unaligned/flydubai-profit-drops-sharply-in-year-of-deadly-accident
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FlyDubai profit drops sharply in year of deadly accident
FlyDubai says its profit tumbled by 69% last year despite a rise in sales fuelled by its growing operations. The airline said Wednesday that it earned AED31.6m (US$8.6m ) last year, compared with AED100.7m in 2015. Revenue increased just over 2%, to $5b. FlyDubai is still recovering from its worst accident in March 2016, when a 737-800 crashed in the Russian city of Rostov-on-Don, killing all 62 people on board. The carrier says passenger numbers rose more than 14%, to 10.4m last year as it expanded its fleet to 57 planes. But CE Ghaith al-Ghaith says the airline continues to face a "difficult pricing and operating environment." <br/>
