Financial Round Up
flydubai profit up
March 9th 2015
Dubai-based budget carrier, flydubai, reported a full-year net profit of AED250 million ($68 million) for 2014, up 12.3% year-on-year from the airline’s AED222.8 million net income in 2013. Read More »
flydubai carried 7.25 million passengers in 2014, an increase of 6.3% compared with2013, with the largest expansion coming from passengers to/from Central Asia (up 57%). The carrier added 23 routes in 2014, increasing its network to 86 destinations with 1,400 flights per week. At press time, it operated a fleet of 44 B737-800 aircraft.
“Recording its profitability for the third consecutive fiscal year, the 2014 results show that [our] recent order for more aircraft, as well as investments in our offerings on the ground and in the air, have been the right strategy for the airline,” said flydubai chairman, Sheikh Ahmed Bin Saeed Al Maktoum.
