Natural Tie-Up For Emirates And Flydubai

UAE's Emirates, budget carrier flydubai expand cooperation

UAE's Emirates, budget carrier flydubai expand cooperation

Emirates (EK, Dubai Int'l) and its low-priced sister carrier flydubai (FZ, Dubai Int'l) have unveiled an extensive partnership agreement which will build on their existing commercial ties.

Both airlines, owned by Dubai's sovereign wealth fund Investment Corporation of Dubai (ICD), will continue to be managed independently, but they will leverage each other's network to scale up their operations and accelerate growth, added Emirates.

The Chairman and Chief Executive of Emirates Group and Chairman of flydubai, Sheikh Ahmed bin Saeed Al Maktoum, said: "This is an exciting and significant development for Emirates, flydubai, and Dubai aviation".

Emirates suffered a 70 percent drop in profit in the year ended March 31 as the low price of crude clipped growth in oil-based Persian Gulf economies, terrorist attacks hurt demand for travel and the company faced USA -imposed travel restrictions.

Meanwhile, flydubai's profits dropped 68 percent in 2016 after a tough year - but its revenues rose 2.4 percent, it reported in February.

The upgraded cooperation would lead to "scheduled alignment and network optimization" to serve their passengers, Emirates said in e-mailed statement. The new model will give flydubai customers seamless connectivity to Emirates' worldwide destinations spanning six continents.

Auto lands on roof of house
Serious damage appears to have been done to the home, with one of the front walls and part of the roof caved in. The driver, who's not being identified at this time, was taken to Barnes Jewish hospital in critical condition.

While not a consolidation, the regional carrier FlyDubai and global carrier Emirates will coordinate flights and feed passengers to each other's flights.

An Emirates spokesperson declined to comment on whether plans would be hatched to construct an internal link between flydubai's hub Terminal 2 and Emirates' Terminal 3.

Emirates, the Middle East's largest airline, and budget carrier flydubai are expanding their commercial relationship to create a combined fleet of 380 jets flying to as many as 240 destinations by 2022.

FlyDubai uses 95 smaller Boeing 737s, with no provisions yet for passenger transfer to other carriers, including Emirates.

The current joint fleet size is 317 with a combined network of 216 unique destinations.

The partnership will be rolled out over the coming months and start with code-sharing arrangements in the last quarter of 2017.

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