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Budget carrier flydubai posts US$194M loss due to COVID-19 pandemic

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DUBAI: Dubai’s budget carrier flydubai reported Sunday (May 2) a loss of US$194 million in 2020 as revenue fell by more than 50 per cent in what it described as one of the toughest years in the aviation industry. The carrier’s financial losses reflect how the coronavirus pandemic has pummeled the …

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