Flydubai 737-800. Flydubai expects to announce its first annual profit in 2012. "With 21 aircraft [by the end of 2012] we will have the right size to" operate sustainably, CEO Ghaith Al Ghaith told ATW in Dubai recently. The LCC celebrates its second anniversary this month and continues to expand at a rapid pace. Though conceding that building a new airline is "challenging," Ghaith said the Middle East is a "dynamic region for an airline to start ...

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