11 Updates
Flydubai posts $41 mn profit
Photo Credit: KARIM SAHIB, Getty Images

Flydubai posts $41 mn profit

Feb 13 2013, 3:36pm CST | by

Dubai, Feb 14 (IANS/WAM) Flydubai, a low-cost carrier, made a net profit of 151.9 million dirhams (around $41 million) in 2012.

Dubai, Feb 14 (IANS/WAM) Flydubai, a low-cost carrier, made a net profit of 151.9 million dirhams (around $41 million) in 2012. The carrier carried 5.1 million passengers through its network last...

Filed under: news

YouTube Videos


1 year ago

Flydubai posts $41 mn profit

Feb 13 2013, 3:36pm CST | by

Dubai, Feb 14 (IANS/WAM) Flydubai, a low-cost carrier, made a net profit of 151.9 million dirhams (around $41 million) in 2012.

Dubai, Feb 14 (IANS/WAM) Flydubai, a low-cost carrier, made a net profit of 151.9 million dirhams (around $41 million) in 2012.

The carrier carried 5.1 million passengers through its network last year. The airline now flies to 52 destinations.

Company chairman Sheikh Ahmed bin Saeed Al Maktoum praised the fast-growing airline.

"In its short history, Flydubai has firmly established its place in the region. It has opened up new markets, contributed to increased tourism in Dubai and made a major contribution to the growth and connectivity of Dubai's aviation hub," he said.

Since its launch in June 2009, the airline has carried 10.4 million passengers.




Source: IANS


5 days ago

Collaborate Across Teams, Silos, and Even Companies

Jul 25 2014 10:00am CDT | Source: Harvard Business Review

Everywhere I turn right now, I hear leaders talking about their need for collaborative leadership. It’s being identified as the fundamental differentiator in achieving strategic objectives. In order to make a difference though, it has to go beyond the polite, thoughtful behaviours of involving others, sharing information and lending strength when it’s needed. I define real collaborative leadership as: facilitating constructive interpersonal connections and activities betw ...
Source: Harvard Business Review   Full article at: Harvard Business Review


1 week ago

IHC directs govt to take up issue with UAE

Jul 17 2014 2:00pm CDT | Source: The Nation - Pakistan

ISLAMABAD - The Islamabad High Court (IHC) Thursday directed the federal government to officially take up the matter of the petitioner’s missing son Omar Mateen with the government of Dubai, UAE. A single bench of IHC comprising Justice Noor-ul-Haq N Qureshi issued these directions while hearing a petition of Qurban Raja, a retired deputy commissioner Income Tax, who moved the court through .. ...
Source: The Nation - Pakistan   Full article at: The Nation - Pakistan


1 week ago

Vodacom Mozambique partners with Flytxt

Jul 17 2014 7:46am CDT | Source: Africa Business

Dubai, July 17th, 2014: Flytxt, the Big DataAnalytics solution provider for Communication Service Providers (CSPs), announced their strategic tie up with Vodacom, Mozambique’s leading mobile network. Flytxt, through its Big data technology and analytics driven solutions, will enable Vodacom to enhance revenue and customer experience by analyzing c ...
Source: Africa Business   Full article at: Africa Business


2 weeks ago

Boeing finalizes $18.9B Qatar order at Farnborough

Jul 16 2014 11:51am CDT | Source: Wichita Business Journal

The Boeing Co. on Wednesday announced it has finalized a deal with Qatar Airways for 50 of the company’s new 777-9X aircraft. The order, first announced as a commitment at the 2013 Dubai Airshow, is valued at $18.9 billion. Boeing (NYSE: BA) said in a press release that the deal also includes purchase rights for 50 additional 777X aircraft, which could push the deal’s total value at list prices to $37.7 billion if exercised. Qatar also intends to order four 777 Freighters, ...
Source: Wichita Business Journal   Full article at: Wichita Business Journal


2 weeks ago

Two Grants to reach Pakistan today

Jul 15 2014 2:00pm CDT | Source: The Nation - Pakistan

BIPIN DANI MUMBAI The two foreign support-staff members of the Pakistani team will reach Lahore today (Wednesday). Two Grants (Grant Flower and Grant Luden) have been appointed by the Pakistan Cricket Board (PCB) as batting coach and trainer respectively. Luden will also act as team's fielding coach. Zimbabwean Flower and South African Luden spent a day in Dubai on Tuesday and are scheduled ...
Source: The Nation - Pakistan   Full article at: The Nation - Pakistan


2 weeks ago

Agony of women enslaved by Dubai sex trade

Jul 14 2014 2:00pm CDT | Source: The Nation - Pakistan

FAISALABAD - Zunera once dreamed of becoming a computer engineer. Instead, aged 16, the bright-eyed Pakistani girl was tricked into prostitution in the UAE, beginning a four-year nightmare of cruelty, violence and rape. Pakistan has long been an important source of cheap labour for the Gulf state, particularly its booming construction sector. B ...
Source: The Nation - Pakistan   Full article at: The Nation - Pakistan


2 weeks ago

CREDIT SUISSE: This Is What The World Stock Market Will Look Like In 2030

Jul 11 2014 8:49am CDT | Source: Business Insider

Here's a fascinating projection that Credit Suisse Research just tweeted. By 2030, Credit Suisse expects the global stock market to balloon to $284.2 trillion and look like what you see below. According to the World Federation of Exchanges, the total value of stocks in the top 60 major stock market exchanges was $62.4 trillion as of July 2014. SEE ALSO: 15 Facts Abo ...
Source: Business Insider   Full article at: Business Insider


2 weeks ago

July 10, 2014

Jul 10 2014 7:13am CDT | Source: http://feeds.feedburner.com/TheMorningNews/features

Three years ago the Arab Spring brought hope, now replaced by ruin—outsiders, no matter their intention, can’t restore that future. #opinions If you want to eat in Lebanon, you must eat your dignity. Female Syrian refugees face constant sexual harassment. Dubai has unveiled its first state-sponsored construction project since the pre-crash bubble: an indoor city with hotels, shops, and trams. How Chinese development—“ ...
Source: http://feeds.feedburner.com/TheMorningNews/features  Full article at: http://feeds.feedburner.com/TheMorningNews/features


2 weeks ago

Update: Boeing's Widebody Aircrafts Are On A Roll

Jul 10 2014 6:17am CDT | Source: SeekingAlpha

By BB Research:In a deal, Emirates has finalized to buy 150 777X widebody jets from Boeing (BA) for $56 billion. Dubai-based Emirates is the world's largest operator of Boeing's 777 aircrafts. Boeing's 777X is the next-generation widebody jet that is expected to go into production in 2017, with first delivery expected in 2020.Boeing just delivered its first 787-9 Dreamliner, a stretched version of the revolutionar ...
Source: SeekingAlpha   Full article at: SeekingAlpha


3 weeks ago

Emirates finalizes $56B offer for 150 Boeing 777Xs

Jul 9 2014 7:57am CDT | Source: Seattle Business Journal

Boeing Co. said Emirates has finalized its $56 billion offer to buy 150 777X airplanes. The order was originally announced at the 2013 Dubai Air Show and it also includes purchase rights for an additional 50 airplanes that, if exercised, could increase value to approximately $75 billion at list prices. Emirates currently flies 138 Boeing 777s, which is one out of every 10 777 ever built. "With the order for 150 777Xs, Emirates now has 208 Boeing ...
Source: Seattle Business Journal   Full article at: Seattle Business Journal


Don't miss ...


<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.


blog comments powered by Disqus

Latest stories

OPEC daily basket price closes tad higher
Vienna, July 30 (IANS) The basket of 12 crude oils of the Organization of Petroleum Exporting Countries (OPEC) stood at $105.44 a barrel Tuesday, against $105.22 last Thursday, according to the OPEC Secretariat.
Moscow calls US sanctions 'illegitimate'
Moscow, July 30 (IANS) The economic sanctions imposed by the United States are a revenge on Russia, the country's foreign ministry said Wednesday.
EU boosts funding to fight Ebola epidemic
Brussels, July 30 (IANS) The European Union Wednesday allocated an additional 2 million euros ($2.68 million) in aid to tackle the Ebola epidemic in West Africa.
Top doctor in Sierra Leone dies of Ebola
Nairobi, July 30 (IANS/EFE) Sierra Leone's top Ebola virus doctor, Sheikh Umar Khan, died a few days after contracting the lethal disease which has claimed the lives of 672 people in Western Africa, health authorities in Sierra Leone announced Wednesday.

Latest from the Network

When Rita Ora forgot her lines
Los Angeles, July 31 (IANS) Singer Rita Ora found acting "difficult" as she kept forgetting her lines while filming her scenes for the upcoming erotica "Fifty Shades of Grey". The 23-year-old singer, who is playing...
Read more on Celebrity Balla
Christina Aguilera enjoys whimsical baby shower
Christina Aguilera ''felt so much love'' at her baby shower last weekend. The 33-year-old singer, who is expecting a baby girl with her fiancé, Matthew Rutler, celebrated the impending arrival of her second child with...
Read more on Celebrity Balla
Kelsey Grammer forgives sister's killer
Kelsey Grammer testified at a parole hearing for his sister's murderer on Tuesday (07.29.14). The 59-year-old actor, whose wife Katya gave birth to their second child last week, forgave Freddie Glenn for kidnapping and...
Read more on Celebrity Balla
Khloé Kardashian blasts Adrienne Bailon
Khloé Kardashian is furious with her friend Adrienne Bailon for branding her younger brother ''disloyal.'' The 'Keeping Up with the Kardashians' star lashed out at the former Cheetah Girls member, 30, on Twitter after...
Read more on Celebrity Balla
Kim Kardashian and Kanye West hate being apart
Kim Kardashian and Kanye West enjoy secret date nights at home. The couple, who have been living with the reality TV star's mother Kris Jenner in Calabasas, California since welcoming their daughter, North, into the...
Read more on Celebrity Balla
Liam Neelson yet to get over his wife's death
Los Angeles, July 31 (IANS) Actor Liam Neelson still hasn't got over his wife's death whom he lost five years ago. The "Taken" star was left heartbroken when he switched off Natasha Richardson's life support in 2009...
Read more on Celebrity Balla
Security Council renews UN mission in Cyprus
United Nations, July 31 (IANS) The UN Security Council (UNSC) Wednesday renewed a UN mission in Cyprus for another six months to continue assisting the parties in the country to bring the division of the island to a...
Read more on Politics Balla
Tunisian army chief resigns after soldiers' deaths
Tunis, July 31 (IANS) The Tunisian Army chief,Mohamed Salah Hamdi , has stepped down from his post as the highest commander, the defence ministry confirmed Wednesday. Hamdi had presented his letter of resignation July...
Read more on Politics Balla
Commonwealth Games medals tally
Glasgow, July 31 (IANS) England are back at the top of the medals table with 37 gold, 34 silver and 30 bronze in the 20th Commonwealth Games. India are now sixth with a tally of 41 medals, including 10 gold, 19 silver...
Read more on Sport Balla
Daniel Radcliffe loved calorific treats
Los Angeles, July 31 (IANS) Actor Daniel Radcliffe enjoyed gorging on calorific treats while filming for "What If". The 25-year-old enjoyed eating special sandwiches, which were made up of a whole loaf of bread, a jar...
Read more on Celebrity Balla