flydubai took delivery (16-Jun-2010) of its ninth B737-800NG on 15-Jun-2010. The new aircraft will enter service immediately on the latest flydubai route, Dubai-Istanbul. The carrier added it is on target for the delivery of 13 aircraft by the end of 2010. The carrier added it operated 1,000 flights in May-2010 and has operated more than 8,000 flights since operations were launched on 01-Jun-2009. [more]
flydubai receives ninth B737-800
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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.
Qatar Airways grows in Saudi Arabia as it catches up to flydubai and appears to end Al Maha ambition
Often overlooked in the story of Gulf aviation superconnectors is Saudi Arabia. A large and underserved domestic and international market in its own right, Saudi also possesses hub capability to challenge its better known rivals. 13 Saudi cities have international service but the flag carrier Saudia only serves five. Foreign airlines have moved in, taking advantage of Saudia's absence and the often favourable geography.
Qatar Airways intends to launch service to two new Saudi points in 2017, bringing its total number of services to 10 as it seeks to narrow the gap with the 13 destinations of the leader, flydubai.
In 2016 Qatar Airways overtook flydubai and Emirates in capacity size, making it the largest foreign airline in Saudi. Qatar's organic growth comes as it is increasingly likely that its proposed Saudi start-up, Al Maha Airways, will not launch. Saudia accounts for only 31% of Saudi's international market. This is likely to grow as Saudia continues its quiet revitalisation, aided by improved hubs at Jeddah and Riyadh. There is also a dual brand strategy with the LCC start-up flyadeal.