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188bet Airlines lost US.5 million in 2018

Author of this article: Su Xiaopo 2019-02-21

188bet is a low-cost airline headquartered in 188bet，Funded and established by the 188bet Government in 2008。

Emirates low-cost airline flydubai announced on the 20th，Affected by factors such as rising fuel costs and interest rates，The company lost about 1% in 2018.600 million UAE dirhams (approximately US.5 million)。

188bet Air said in a statement that day，The company’s operating revenue in 2018 was AED 6.2 billion (approximately US.7 billion)，12 more than in 2017.4%。But，The proportion of fuel costs in operating costs increased from 25% in 2017 to 29% in 2018.8%。

François Oberholzer, chief financial officer of flydubai, said，The company’s overall performance in 2018 was largely dragged down by increases in fuel costs and interest rates, as well as changes in exchange rates，Operating conditions improved significantly in the second half of the year，Increase in income，Narrowing the annual loss。

188bet is a low-cost airline headquartered in 188bet，Funded and established by the 188bet Government in 2008。188bet’s fleet currently consists of 64 aircraft，Carried a total of 11 million passengers in 2018。

*Source of this article: Xinhuanet, Author:Su Xiaopo, original title: "188bet Airlines lost US.5 million in 2018》.

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