FlyDubai ‘significantly impacted’ by MAX 737 grounding in latest financial results

FlyDubai has blamed the Boeing 737 MAX grounding on the financial downfall it has witnessed in its latest H1 2019 financial results. The airline suffered a loss of AED 196.7 million (approximately $53.6 million), marking a 38% reduction when compared to the first half of 2018. The grounding “significantly impacted” its latest results, however, the airline has stressed that it is committed to minimising disruption to its passengers. Total revenue remains unchanged from the same six-month period and is reported at AED 2.8 billion ($759 million). Ghaith Al Ghaith, chief executive officer at Flydubai, said: “We had reported in our