Flydubai expects to deliver its first profit this year, with fuel prices the main obstacle. A more favorable oil-price environment would have seen the airline close to being profitable in 2011, but CEO Ghaith al Ghaith is more confident the target will be met this year. The low-fare airline, which does not hedge fuel prices, but is considering doing so, will be hostage to spot prices, he tells Aviation Week on the sidelines of the Global Aerospace Summit in Abu Dhabi, United Arab ...

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