Flydubai’s net income falls 60% in 2015

Credit: Rob Finlayson
Dubai-based low-cost carrier (LCC) flydubai posted AED100.7 million ($27.4 million) net income for 2015, down 59.7% from its AED250 million net result in 2014 . The LCC’s full-year revenue for 2015 was AED4.9 billion, up 11.4% year-over-year (YOY). The carrier did not release specific figures, but...
Mark Nensel

Mark Nensel is the Managing Editor of Aviation Daily. Prior to taking the helm of daily production of Aviation Week's commercial aviation newsletter…

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