Mark Nensel is the Managing Editor of Aviation Daily. Prior to taking the helm of daily production of Aviation Week's commercial aviation newsletter in 2018, Mark was a reporter and data analyst for Air Transport World.
Dubai-based low-cost carrier (LCC) flydubai posted AED100.7 million ($27.4 million) net income for 2015, down 59.7% from its AED250 million net result in 2014.
Global air passenger traffic was up 6.5% year-over-year (YOY) in 2015, the fastest pace in five years, according to IATA’s Air Passenger Market Analysis.