flydubai CEO Ghaith al-Ghaith said the company is more exposed to short-term oil volatility than rivals as it has no fuel hedging and “fuel has never been so high for so long” (Reuters, 17-Nov-2011).
flydubai exposed to short-term fuel volatility
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Georgia aviation market Part 2: a case study on liberal policies driving rapid airport growth
Georgia’s three international airports have benefitted from a liberal aviation policy, which has led to a period of rapid traffic growth. As highlighted in the first half of this report, total passenger traffic in Georgia increased by 26% in 2016 and is projected to grow by another 40% in 2017.
Passenger traffic at Georgia’s main gateway, Tbilisi International Airport, increased by 22% in 2016. Tbilisi traffic has grown from only 700,000 in 2009 to 2.3 million in 2016. The airport has been operated by Turkey’s TAV since 2007.
Georgia’s other two international airports, at Batumi and Kutaisi, grew even faster in 2016. Batumi also has been operated by TAV since 2007, while Kutaisi has been government owned since it opened in 2012.
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