LCC flydubai saw its first-half loss more than double compared to the same period in 2017, caused by a combination of sharply higher fuel prices and a “challenging” economic and geopolitical climate. The airline reported a loss of AED316.8 million ($86.3 million) for the six months to June 30, widened from a loss of AED142 million a year ago. Traditionally, flydubai does not specify whether this figure is net, pre-tax or EBITDA. The carrier said that oil prices—up 35% on ...

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