ATM 2023: Funds airline flydubai to boost summer season seating capability to 5m

In line with Ghaith Al Ghaith, CEO, “We’ve by no means seen passenger visitors and enterprise as a lot as we’re experiencing this yr and the final.”

The airline additionally launched its newest premium enterprise class seat at this yr’s ATM, which might be deployed to 6 locations by the tip of Q1-24.

A rising resident base and will increase within the variety of expats selecting to steer a retired life within the emirate has additionally pushed air visitors. “Proper now, point-to-point enterprise is rising quicker than the transit enterprise at Dubai Worldwide Airport,” mentioned Al Ghaith.

The airline has launched 12 new locations this yr. “We’re launching 9 new locations over the summer season.”

The 9 summer season locations from June 21 to September 30 are Mykonos, Cagliari, Corfu, Tivat, Trabzon, Bodrum, Dubrovnik, Santorini, and Batumi. “Corfu and Cagliari are the brand new launches,” he mentioned.

Commenting on whether or not the surge in oil costs would result in a spike in airfares, Al Ghaith mentioned flydubai’s single-aisle Boeing 737 MAXs use 14 per cent much less gasoline than different plane, providing the airline higher profitability.

“We’re boosting our capacities and hope costs keep steady. However none of this has hampered demand,” he mentioned.

The service is anticipating supply of 17 plane from Boeing this yr. “2022 was a horrible yr for airline deliveries, and I predict 2023 may also be difficult. We imagine these points shall be largely resolved by subsequent yr.”

India is a treasure trove of untapped potential. Whereas there is no such thing as a change within the present bilateral settlement, I imagine there’s nonetheless sufficient area for all new gamers on this market.

– Ghaith Al Ghaith of flydubai