Reading Time: 2 minutes Low-cost carrier (LCC) flydubai reduced its deficit for the 2016 first half, registering a net loss of AED89.9 million ($24.5 million), 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 4.9 million, while business […]

Reading Time: < 1 minute Air Arabia continues its strong financial performance, announcing today a 3.5 percent increase in its H1 2016 net profit results compared to the same period last year. MENA’s largest low-cost carrier reported net profit of AED 245 million compared to the AED 237 million reported for the same period last year. The company’s turnover for […]