Low-cost carrier FlyDubai sees record $611 million profit in 2024
3 weeks, 4 days ago

Low-cost carrier FlyDubai sees record $611 million profit in 2024

Associated Press  

DUBAI, United Arab Emirates — The low-cost carrier FlyDubai announced Monday it earned a record-breaking profit of $611 million in 2024, buoyed by higher passenger numbers and lower fuel costs. FlyDubai is the sister carrier to the long-haul airline Emirates, both based out of Dubai International Airport, the world’s busiest for international travel. The two carriers also operate code-share flights, increasing traffic on FlyDubai routes. FlyDubai’s flights to Israel’s Ben Gurion International Airport continued throughout the Israel-Hamas war as other international carriers halted their flights.

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History of this topic

Low-cost carrier FlyDubai sees record £484m profit in 2024
Trending News
3 weeks, 3 days ago

Low-cost carrier FlyDubai sees record £484m profit in 2024

The Independent  

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The low-cost carrier FlyDubai has announced it earned a record-breaking profit of $611m in 2024, buoyed …

Abu Dhabi’s long-haul carrier Etihad Airways sees record $476 million profit in 2024
1 month ago

Abu Dhabi’s long-haul carrier Etihad Airways sees record $476 million profit in 2024

Associated Press  

DUBAI, United Arab Emirates — Long-haul carrier Etihad Airways announced Wednesday it made a record $476 million profit in 2024, part of a financial rebound for the Abu Dhabi-based airline. While still a slender profit compared to rival Emirates’ record profits of $4.7 billion in 2023, it continues to a major turnaround for Etihad. “Looking ahead, I am confident we …

As airlines avoid Israel, UAE’s FlyDubai and Etihad keep up flights for both diplomacy and dollars
4 months ago

As airlines avoid Israel, UAE’s FlyDubai and Etihad keep up flights for both diplomacy and dollars

Associated Press  

BEN GURION INTERNATIONAL AIRPORT, Israel — At Israel’s Ben Gurion International Airport, more than a year of war has taken its toll. “They are the main foreign airlines that continue to fly.” Since the wars began with Hamas’ initial Oct. 7, 2023, attack on Israel, many international airlines have halted, restarted and halted again their flights into Israel’s main gateway …

As airlines avoid Israel, UAE's FlyDubai and Etihad keep up flights for both diplomacy and dollars
4 months ago

As airlines avoid Israel, UAE's FlyDubai and Etihad keep up flights for both diplomacy and dollars

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “They are the main foreign airlines that continue to …

Long-haul carrier Emirates sees $4.7 billion profit in 2023 as airline takes flight after pandemic
10 months, 1 week ago

Long-haul carrier Emirates sees $4.7 billion profit in 2023 as airline takes flight after pandemic

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The long-haul carrier Emirates announced …

Long-haul carrier Emirates sees $4.7 billion profit in 2023 as airline takes flight after pandemic
10 months, 1 week ago

Long-haul carrier Emirates sees $4.7 billion profit in 2023 as airline takes flight after pandemic

Associated Press  

DUBAI, United Arab Emirates — The long-haul carrier Emirates announced Monday it saw record profits of $4.7 billion in 2023 as the airline fully took flight after the turbulent years of the coronavirus pandemic disrupted its operations. “Throughout the year, we saw high demand for air transport and travel related services around the world, and because we were able to …

Abu Dhabi's Etihad Airways sees a $143 million profit in 2023 as passenger numbers rise
1 year ago

Abu Dhabi's Etihad Airways sees a $143 million profit in 2023 as passenger numbers rise

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Abu Dhabi-based Etihad Airways announced …

Abu Dhabi’s Etihad Airways sees a $143 million profit in 2023 as passenger numbers rise
1 year ago

Abu Dhabi’s Etihad Airways sees a $143 million profit in 2023 as passenger numbers rise

Associated Press  

DUBAI, United Arab Emirates — Abu Dhabi-based Etihad Airways announced Wednesday earning a $143 million profit last year, citing an increase in passengers as fueling the narrow profit. “Our task at hand is to further strengthen our business as we continue our growth strategy and pursue further margin expansion opportunities,” Etihad CEO Antonoaldo Neves said in a statement. Abu Dhabi’s …

FlyDubai resumes flights to Afghanistan after halting them 2 years ago as Taliban captured Kabul
1 year, 4 months ago

FlyDubai resumes flights to Afghanistan after halting them 2 years ago as Taliban captured Kabul

Associated Press  

ISLAMABAD — Officials from Afghanistan’s ruling Taliban on Wednesday welcomed the resumption of FlyDubai flights to Kabul’s international airport two years after stopping service following the collapse of the Western-backed government. All international airlines halted flights to Afghanistan after the Taliban seized power in Afghanistan in mid-August 2021 as U.S. and NATO forces departed after two decades of war. The …

Long-haul carrier Emirates sees highest-ever profit in 2022 of $2.9B after pandemic grounded flights
1 year, 10 months ago

Long-haul carrier Emirates sees highest-ever profit in 2022 of $2.9B after pandemic grounded flights

Associated Press  

DUBAI, United Arab Emirates — Long-haul carrier Emirates saw its most-profit year ever in 2022, earning $2.9 billion after bouncing back from the coronavirus pandemic shutting down global aviation, the airline announced Thursday. The carrier’s revival comes as Dubai, which owns the airline, has seen property prices skyrocket and people flood into the city-state in the United Arab Emirates as …

Emirates Breaks Record, Bags USD 1.2 Billion Half-Year Profit
2 years, 4 months ago

Emirates Breaks Record, Bags USD 1.2 Billion Half-Year Profit

News 18  

The group owning long-haul carrier Emirates saw record-breaking half-year profits of USD 1.2 billion this year, the company announced on Thursday, as global travel resumes after the lockdowns of the coronavirus pandemic. The results from the Emirates Group represent a major turnaround after posting a USD 1.6 billion loss in the same period last year. Emirates Group, which includes the …

Budget carrier flydubai posts $194M loss due to pandemic
3 years, 10 months ago

Budget carrier flydubai posts $194M loss due to pandemic

Associated Press  

DUBAI, United Arab Emirates — Dubai’s budget carrier flydubai reported Sunday a loss of $194 million in 2020 as revenue fell by more than 50% in what it described as one of the toughest years in the aviation industry. The company said the hardest weeks last year were between the end of March and the first week of July, a …

Low-cost carrier FlyDubai begins Israel flights after deal
4 years, 3 months ago

Low-cost carrier FlyDubai begins Israel flights after deal

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The low-cost carrier FlyDubai began …

State-owned Emirates posts $3.8 billion in half-year losses
4 years, 4 months ago

State-owned Emirates posts $3.8 billion in half-year losses

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

UAE’s flydubai to start direct flights to Israel
4 years, 4 months ago

UAE’s flydubai to start direct flights to Israel

Al Jazeera  

Budget carrier says it will operate twice-daily services between Dubai and Tel Aviv starting this month. United Arab Emirates airline flydubai has said it will start direct flights to Israel this month with twice-daily services between Dubai and Tel Aviv. The announcement on Wednesday came after the Gulf state in August agreed to establish formal diplomatic ties with Israel, including …

Virus slows Dubai airport, world’s busiest for global travel
4 years, 9 months ago

Virus slows Dubai airport, world’s busiest for global travel

Associated Press  

DUBAI, United Arab Emirates — Perhaps nowhere is the world’s lack of flights due to the coronavirus pandemic more clearly felt than at Dubai International Airport, for years the world’s busiest for international travel. Its Terminal 3, which sees tens of millions pass through it each year, stood empty and quiet on Wednesday, the once-full departure board showing only seven …

Budget carrier flydubai slams Boeing for loss of business
5 years ago

Budget carrier flydubai slams Boeing for loss of business

Associated Press  

DUBAI, United Arab Emirates — Dubai’s budget carrier flydubai said Wednesday that it has suffered considerable losses due to the grounding of Boeing’s Max 737 aircraft around the world as it announced revenue last year dipped to $1.6 billion. The state-owned flydubai said its growth strategy was severely impacted by the grounding of the troubled Max, which was involved in …

In Latest Cost-Cut, Abu Dhabi's Etihad Airways to Sell 38 Aircraft in Billion Dollar Deal
5 years, 1 month ago

In Latest Cost-Cut, Abu Dhabi's Etihad Airways to Sell 38 Aircraft in Billion Dollar Deal

News 18  

Dubai: Abu Dhabi’s long-troubled Etihad Airways said on Tuesday that it will sell 38 aircraft to an investment firm and a leasing company in a deal valued at $ 1 billion. Etihad said it would sell 38 aircraft 22 Airbus A330s and 16 Boeing 777-300ERs in the deal with investment firm KKR and leasing firm Altavair AirFinance. Since 2016, Etihad …

Abu Dhabi’s long-troubled Etihad sells 38 planes for $1B
5 years, 1 month ago

Abu Dhabi’s long-troubled Etihad sells 38 planes for $1B

Associated Press  

DUBAI, United Arab Emirates — Abu Dhabi’s long-troubled Etihad Airways said Tuesday it would sell 38 aircraft to an investment firm and a leasing company in a deal valued at $1 billion, the latest cost-cutting measure by the United Arab Emirates’ national carrier. Etihad said it would sell 38 aircraft — 22 Airbus A330s and 16 Boeing 777-300ERs — in …

Dubai Airshow opens as big Gulf airlines slow down purchases
5 years, 4 months ago

Dubai Airshow opens as big Gulf airlines slow down purchases

Associated Press  

DUBAI, United Arab Emirates — The Middle East’s biggest aviation event, the Dubai Airshow, opened Sunday without any major deals as flagship Gulf carriers rein back big-ticket purchases. In contrast, there were $140 billion in new orders announced at the start of the 2013 airshow, but that was an era before global oil prices collapsed, sparking a slowdown in economic …

Emirates posts significant drop in profits, at $237 million
5 years, 10 months ago

Emirates posts significant drop in profits, at $237 million

Associated Press  

DUBAI, United Arab Emirates — The Middle East’s biggest airline, Emirates, said on Thursday tha profits were down almost 70% in the past fiscal year, reaching lows of $237 million, compared to last year’s whopping $762 million. The Dubai-based airline’s parent company Emirates Group also posted lower profits at $631 million, down 44% from last year. Emirates Airline and Group …

Dubai Airshow and the battle for the skies
9 years, 4 months ago

Dubai Airshow and the battle for the skies

Al Jazeera  

In this special Counting the Cost episode from Dubai, we look at the future of the aviation industry. In this special edition from the Dubai Airshow, we look at the impact of falling oil prices on the aviation market, the subsidies row surrounding three Gulf carriers, and the future of the airline industry. Two years ago, the bi-annual event made …

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