Flydubai posts strong growth on Serbian market
Hybrid carrier Flydubai has registered strong passenger growth on its flights between its hub in the United Arab Emirates and Belgrade in 2018. The airline saw its figures increase 35% on services from Dubai to the Serbian capital in 2018. At the same time, its numbers grew 56% in Bulgaria, 45% in Romania, 42% in Russia and 2% in Ukraine. The carrier did not report its growth margins for other markets in the former Yugoslavia to which it operates to including Bosnia and Herzegovina, Croatia, Macedonia and Montenegro. The airline previously said, "Following our codeshare partnership with Emirates, we have seen an increase in demand on our flights to Belgrade".
In March Flydubai introduced its new Boeing 737 MAX 8 aircraft on the Belgrade route, which has slightly less capacity than the previously operated B737-800. Furthermore, this winter season the carrier reduced its operations to Belgrade from daily to five weekly. Due to the upcoming southern runway repair at Dubai Airport, between April 16 and May 30, Flydubai will slash its operations across its network. Flights to Belgrade will be maintained four times per week, increasing to five weekly from June 1 and daily from June 30.
Flydubai shifted its Belgrade departures and arrivals in Dubai from its dedicated Terminal 2 to Terminal 3 used by Emirates as of last December, allowing for more seamless transfer options. The Serbian capital was selected along with another nine destinations which were moved at the time. This summer, the airline will face additional competition from its local competitors on the Belgrade service, with Etihad Airways to operate double daily flights from Abu Dhabi, while the Sharjah-based Air Arabia will launch four weekly operations to the Serbian capital. Overall, Flydubai registered a loss of 43.5 million US dollars last year. Its performance in 2018 was impacted by growing fuel costs, rising interest rates and unfavourable currency exchange movements.
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