1-Jun-2010 12:56 PM

flydubai aiming to post profit in two to three years

flydubai CEO, Ghaith Al Ghaith, confirmed the carrier plans to launch ancillary services, including holiday packages and travel insurance by the end of 2010. Mr Al Ghaith, stated the carrier expects to report a profit in two to three years (AFP, 01-Jun-2010).

Our first year of operations has been fantastic. We set forward on the right growth plan, knowing that anything lesser would not allow us to reach our one-year targets. Will make a profit in two to three years. That has always been the case. If we wanted, we could have launched with just two aircraft and made a profit in the first year alone. But we wanted to grow as far as possible and this is our flight plan for the carrier,” Ghaith Al Ghaith, CEO. Source: AFP, 01-Jun-2010.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More