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flydubai continues to invest for the long-term in its fleet, unique new routes across the network and the airline’s infrastructure as aligned to strategic objectives flydubai continues to invest for the long-term in its fleet, unique new routes across the network and the airline’s infrastructure as aligned to strategic objectives

flydubai Reports Half-Year Financial Results

Dubai-based flydubai reported its Half-Year Financial Results for the reporting period to June 30.

According to the results, total revenue increased to AED2.8 billion (USD761 million) for the six-month period; an increase of 10.4 percent compared to the same period last year.

RPKM grew by 6.5 percent compared to the same period in the first half of last year while the airline reported a loss of AED316.8 million (USD86.3 million) for the period ending June 30.

A price impact of AED175 million (USD47.64 million) due to a 35 percent increase in the Average Brent Crude Oil prices compared to the same period last year.

Passenger numbers remained steady at 5.4 million during the first six months of the reporting period while, during the first six months of this year, flydubai contributed 12.3 percent of all traffic in Dubai.