He stressed that the demand for travel to and from Dubai is "very strong."
Ghaith Al Ghaith: 100 aircraft for the "Fly Dubai" fleet in 2025
Ghaith Al Ghaith: "(Fly Dubai) exceeded the pre-pandemic numbers during the past year."
flydubai will receive 22 new aircraft during 2022. Archive
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Flydubai CEO Ghaith Al Ghaith said that the airline will receive 22 new aircraft during 2022, expecting the number of aircraft in the airline's fleet to rise to more than 70 Boeing aircraft by the end of this year, to rise to more than 80 aircraft by the end of next year. And the fleet size will reach more than 100 aircraft by 2025.
He added, "The airline recorded during the first quarter of this year an exceptional performance, which may be the best financial performance for the first quarter since the launch of the carrier."
He expected the airline's financial performance to continue to be strong throughout the year, noting that the company has recorded positive cash flows since the end of 2020, due to the (Covid-19) pandemic.
He said that "flydubai" exceeded the pre-pandemic numbers during the past year, noting that "the management of the (Covid-19) crisis in the UAE was exceptional, which strengthened the process of recovery and return to operation."
He expected the airline to record a strong performance during 2022, with strong bookings during the summer, pointing out that the airline is working to recruit new cadres to serve the new expansions of the airline, and the number of new hires is the highest in years.
Al-Ghaith pointed out that the carrier returned 14 Boeing Max planes to service, in addition to receiving 11 new planes, ruling out the presence of any airline in the world that was able to return to its operational operations, as did "Fly Dubai", due to Dubai's prominent global position.
He explained that the carrier will operate its flights to 10 destinations as of June 23, while the carrier added about 22 new destinations during the past year.
Al Ghaith said: “We are delighted to see our network reach new heights, with more destinations joining this summer.
Over the past few years, we have seen the importance and value of these seasonal destinations to meet the growing demand for travel.
Our strong business model and growing fleet have enabled us to offer our passengers more travel options, in addition to increasing capacity on existing destinations, including Budapest, the Maldives and Zanzibar.
We look forward to starting our operations to these beautiful destinations, which will be very popular with travelers from the UAE and across our network.”
He clarified that the airline has seen high flexibility in obtaining new aircraft financing, due to the liquidity available in the markets, despite the high interest rates, as it achieved a lower borrowing cost than before.
In response to a question about cargo operations, Al Ghaith said, “Fly Dubai has a study to establish a special section for cargo operations, and it is expected that the carrier will receive cargo planes within this direction, especially with the difficulty of converting passenger planes that are being retired, to cargo planes due to the waiting period.” The conversion process.
He explained that the partnership between "Fly Dubai" and "Emirates Airlines" is fruitful and strong, as we saw numbers between the two carriers that approximate pre-pandemic levels, stressing that the demand to and from Dubai depends on the state of international markets and the requirements for travel to and from it, noting that the demand for Dubai is strong. very.
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