ATM 2025: flydubai summer network grows to 11 seasonal destinations
Dubai: Dubai-based carrier flydubai is set to begin its seasonal summer flight operations on June 4, offering flights to 11 holiday destinations. This year's summer network includes two new destinations: Al Alamein in Egypt and Antalya in Türkiye, the airline announced Monday – Day 1 of the Arabian Travel Market (ATM).
The carrier said that flights to Antalya International Airport (AYT) will operate daily from Dubai International (DXB) Terminal 2 starting June 5. Daily service to Al Alamein International Airport (DBB) will commence on June 21. These new routes aim to provide passengers direct access from Dubai to Egypt's North Coast and the Turkish Riviera.
In addition to the new routes, flydubai said it will also operate convenient flights to nine other popular seasonal summer destinations: Batumi, Bodrum, Corfu, Dubrovnik, Mykonos, Olbia, Santorini, Tivat, and Trabzon.
The airline is starting its summer schedule earlier this year, beginning in June, to accommodate expected demand during the busy Eid Al Adha period. The expanded seasonal network will be served by flydubai's modern fleet, including its latest Boeing 737 MAX 8 aircraft and retrofitted planes.
Hamad Obaidalla, Chief Commercial Officer at flydubai, said, 'We have seen growth in demand for travel to popular seasonal summer destinations year-on-year. The introduction of more destinations to our summer operations reflects our ongoing commitment to meeting the evolving needs of our customers by providing greater convenience, enhanced accessibility and more options for travel.'
Obaidalla added, 'We are confident that Al Alamein and Antalya will be popular for holiday seekers from Dubai and the flydubai network. The 11 seasonal summer routes from June to September complement our existing popular established routes such as Georgia, the Maldives, Sri Lanka, Tanzania and Thailand.'
The airline also reported a 20 per cent increase in Business Class passengers in the first quarter of 2025 compared to the same period in 2024 and anticipates this growth will continue through the summer. This follows the introduction of new business-class facilities at DXB Terminal 2. With the addition of Antalya, flydubai's network in Türkiye now extends to six points. The launch of flights to Al Alamein makes flydubai the first carrier from the UAE to offer direct daily service to the new leisure destination on Egypt's North Coast, flydubai said.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Gulf Business
42 minutes ago
- Gulf Business
Sheikh Hamdan backs private sector growth in UAE space industry
Image: Dubai Media Office Sheikh Hamdan, who also serves as Chairman of the UAE's Supreme Space Council, stressed the importance of long-term investment, innovation, and strategic public-private collaboration in cementing the UAE's position as a global space hub. 'The private sector is leading the space scene in the UAE, reaffirming the maturity of national investments that have been established over the past three decades,' Sheikh Hamdan said. The meeting was part of broader national efforts to support a high-tech, knowledge-driven economy and to position space as a driver of sustainable economic growth. Executives from several UAE-based companies attended the talks, including specialists in satellite imaging, internet of things (IoT), artificial intelligence, robotics, and space launch systems. Companies present included 4EI, Oryx Space, Marlan Space, Aspire Space Technology, and Aliensense. Participants shared updates on their commercial strategies, ongoing projects, and plans to expand operations both domestically and internationally. Discussions focused on increasing collaboration with government entities and scaling investment in the country's fast-growing space sector. UAE primed to support private sector involvement in space sector 'The UAE has created a flexible regulatory framework and world-class infrastructure that support sustained private investment,' said Dr Hamdullah Mohib, CEO of Marlan Space. Attendees also praised government initiatives such as the Space Economic Zones Programme, which aims to attract capital, talent, and advanced technology. The meeting was attended by senior officials including Dr Ahmad Belhoul Al Falasi, Minister of Education and Secretary-General of the Supreme Space Council, alongside startup founders and CEOs from across the UAE. The UAE has rapidly
Arabian Business
an hour ago
- Arabian Business
Emaar gets a credit rating boost after upgrade from both S&P and Moody's
S&P Global and Moody's – two of the biggest rating agencies in the world – have acknowledged the strong financial position and revenue visibility of Emaar Properties by upgrading the company's long-term issuer credit ratings. Reinforcing Emaar's position as a financially resilient and strategically agile market leader, S&P Global Ratings upgraded its long-term issuer credit rating to BBB+ from BBB, with a stable outlook, while Moody's upgraded its rating to Baa1 from Baa2, also with a stable outlook. The S&P and Moody's rating upgrade also applies to Emaar's senior unsecured debt. Strong financials drive Emaar rating upgrades As of March 2025, the property developer reported a revenue backlog of approximately AED 127 billion (US$34.6 billion), providing strong revenue and cash flow visibility through 2028. The company's recurring income portfolio continues to expand, supported by disciplined execution and operations. Mohamed Alabbar, Founder of Emaar, commented: 'We are proud to receive this recognition from both S&P and Moody's, which underscores the strength of our strategy, the quality of our assets, and the discipline we maintain in financial management. 'These upgrades reflect not only our performance, but also the confidence in Dubai's economy and real estate market. We will continue to pursue sustainable growth, innovation, and value creation for our shareholders and stakeholders alike.' In its upgrade rationale, S&P Global said: 'The upgrade reflects the significant growth Emaar experienced in Dubai residential real estate, along with the steady performance of malls, hospitality, and entertainment that lends resilience to the cyclical development business. 'Emaar's credit ratios remained strong as revenue grew 33 per cent and EBITDA 12 per cent in 2024. The company was in a net cash position with no leverage, with AED 19.1 billion of discretionary cash flow (DCF). We forecast strong revenue growth to continue in 2025-2026 with S&P Global Ratings-adjusted EBITDA margins of 42-45 per cent, which will support Emaar's financial metrics despite rising capex and dividends based on the new policy.' Moody's highlighted a significant reduction in adjusted debt of Emaar from 2020 to March 2025 and the drop in debt-to-equity ratio over the same period. In its report, Moody's said Emaar Properties has sufficient liquidity to cover debt maturities of AED 4.8 billion (US$1.3 billion) through June 2026. Moody's said: 'The company's liquidity is excellent, with a cash balance of AED 25.4 billion (US$7 billion) as of 31 March 2025 (excluding restricted cash in escrow accounts) and undrawn revolving credit facilities of AED 7.4 billion (US$2 billion).' Both agencies issued a stable outlook, reflecting their expectation that Emaar will maintain solid credit metrics, strong liquidity, and continued operational performance. These dual upgrades reinforce the company's reputation as a leading player in the global real estate sector, anchored in a dynamic and fast-growing market.
Zawya
an hour ago
- Zawya
Dubai-based regtech Qanooni closes $2mln funding round to drive regional expansion
UAE – Dubai-based legal technology startup Qanooni has raised $2 million in a pre-seed round led by Village Global, Oryx Fund by Salica Investments, TA Ventures, and strategic angels. The startup will utilize the capital to accelerate its expansion across the UAE and UK markets, in addition to enhancing its proprietary AI engine tailored to legal workflows, according to a press release. Through the new investment, Qanooni reinforced its position in driving the future of legal automation across MENA and Europe. This came amid growing investor interest in regulatory technology (regtech) solutions that streamline productivity without disrupting existing digital environments. It is worth highlighting that the funding round also witnessed the participation of Ben Casnocha, Sri Batchu, Josh Rodger, Viktoriya Tigipko, Andrew Verbitsky, Jimmy Stone, Nicholas Nottebohm, CFA, Ashish Shetty, and Miguel Rodrigues. Founded by Anuscha Iqbal, Ziyaad Ahmed, and Karim Shiyab, Qanooni integrates directly into the software that lawyers mainly use during work, eliminating the friction of switching platforms or adopting new workflows. Its solution allows law firms and legal departments to draft and produce documents faster and more accurately, leveraging generative AI that mimics a lawyer's tone, writing style, and internal standards.
