FINANCIAL NEWS

flydubai mulls new planes order next year

28 Oct 2011

(MENAFN) flydubai’s CEO, Ghaith Al Ghaith, said the carrier was mulling to make a new planes order early as next year and expects to break even soon, Reuters reported.

The low-cost airline made its last in 2008 when it bought 50 Boeing aircraft, of which it has received less than half. All the aircraft are expected to be delivered by 2016.

Ghaith said flydubai is looking at both Boeing and Airbus, the largest aircraft makers, but no decision had been made so far.

He added that the company was in the process of finalizing financing of planes for next year.

flydubai, owned by the Dubai’s government started operations in 2009, and competes with regional low-cost carriers such as Sharjah’s Air Arabia and Kuwait’s Jazeera Airways.

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