DUBAI, May 3 — Budget carrier flydubai reported yesterday heavy losses for 2020, calling it “one of the toughest years in aviation history” due to the pandemic and the grounding of its Boeing 737 MAX fleet. The government-owned carrier, a sister of aviation giant Emirates, said it sank into...
A Boeing 737 MAX aircraft bearing the logo of flydubai is parked at a Boeing production facility in Renton, Washington March 11, 2019. — Reuters picDUBAI, May 3 — Budget carrier flydubai reported yesterday heavy losses for 2020, calling it “one of the toughest years in aviation history” due to the pandemic and the grounding of its Boeing 737 MAX fleet.
“We managed the combined effects of the pandemic and continued grounding of the MAX aircraft on our operations, but undoubtedly they have had a severe impact on our results,” CEO Ghaith Al Ghaith said in a statement.Boeing remains under heavy scrutiny after two fatal crashes that led to a 20-month grounding of the MAX jets.
“This increased demand contributed to flydubai’s recovery in the second half of 2020. It is expected to continue in 2021,” the airline said.