Financial Performance

IATA downgrades 2019 outlook in face of slow demand and increasing costs
02 Jun 2019
The association has projected $28bn profit for the global air transport industry for 2019, down from $35.5bn forecasted back in December 2018
UAE's Air Arabia sees 17% net profit slump as fuel costs bite
15 Nov 2018
Sharjah-based low-cost carrier highlights the strong impact of high oil price and currency devaluation on performance
India's Jet Airways reports quarterly loss of $177m
14 Nov 2018
The loss for the Indian airline comes despite an increase in revenue for the July-September period
Dubai's flydubai posts $86m loss as half-year fuel costs rocket
06 Sep 2018
Dubai-based low-cost carrier says it took a big financial hit from the rising cost of fuel during the first six months of 2018

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