Dubai-based low-cost carrier (LCC) flydubai posted AED100.7 million ($27.4 million) net income for 2015, down 59.7% from its AED250 million net result in 2014. The LCC’s full-year revenue for 2015 was AED4.9 billion, up 11.4% year-over-year (YOY). The carrier did not release specific figures, but described its overall yield as “under pressure attributable to the strong dollar,” along with other factors including “[a] challenging trading environment ...
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