Business & Economy

Corona causes huge losses to an Emirati company

The Emirates airline “flydubai” announced huge losses suffered by it last season due to the Corona pandemic, and flights were greatly reduced.
The company lost $ 194 million in 2020, as its revenues decreased by 53.7 percent from the previous year.
The company said that the Corona pandemic affected it more than any other crisis, and passenger traffic decreased by 67 percent to 3.2 million passengers in 2020, while the number of flights operated by the company decreased by 63 percent to 27,450.

Ali

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