flydubai launched (30-Mar-2010) twice daily Dubai-Kuwait service, following the launch of twice daily Dubai-Muscat service two days prior - see Route Changes Table for more information. Kuwait is the carrier's fourth GCC destination and 13th destination overall. [more] flydubai and National Aviation Services (NAS) signed (30-Mar-2010) a ground handling agreement for ramp handling, passenger services, cargo management and engineering services at Kuwait International Airport. Passengers will also be able to use the Hala Kuwait Meet & Assist Services and the Pearl Lounge, both operated by NAS. [more]
flydubai launches fourth GCC destination - Kuwait and appoints ground handler - NAS
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flydubai outlook improves, with reduced losses and faster rebound despite global uncertainty
As airlines worry about having passed their peaks and entering a downturn, flydubai, the LCC owned by the Dubai government, is on an upwards trajectory. This is very welcome after flydubai's sudden and sharp 1H2015 loss occurred as most other airlines were in party mode, buoyed by low fuel prices. flydubai significantly narrowed its 1H2016 loss despite double-digit growth. With the industry worrying about its health, flydubai appears to have caught the cold early and rebounded from it. An improvement in load factor, uplift in business traffic (19%) and reduction in expenses may show greater efficiency that can be maintained – the silver lining to the financial upset.
flydubai's 1H2016 loss narrowed to USD24.5 million from 1H2015's USD40 million, despite a 14.9% increase in flights. Losses per passenger decreased about nine percentage points faster. Unlike its bigger sister Emirates, also owned by the Dubai government but run separately, flydubai is primarily a point-to-point operator - so it depends on the health of Dubai.