Dubai Duty Free Managing Director Colm McLoughlin stated the retailer has set up a study group to look at bidding for retail contracts at other airports for the first time (Trend, 11-Feb-2011). The MD confirmed that Dubai is still an area of strong growth in duty free sales, with Chinese passengers becoming a “real spending force” at Dubai International.
DDF looks at other airports
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CAPA unveils partnership for 2017 Global Airport Leaders Forum (GALF) in Dubai, 16-17 May 2017
Dubai/Sydney, 3 November 2016 – CAPA - Centre for Aviation is pleased to announce an agreement with Reed Exhibitions to be the event partner for next year’s Global Airport Leaders’ Forum (GALF), taking place in Dubai during 16-17 May 2017.
The event will take place beside the 17th Dubai Airport Show.
It will be held under the patronage of His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group.
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.