Low Cost Carrier Flydubai sees £ 484m earnings in 2024

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The low -cost carrier Flydubai has announced that he obtained a record gain of $ 611 million (£ 484 million) in 2024, driven by a greater number of passengers and lower fuel costs.

Flydubai had revenues of $ 3.5 billion (£ 2.77 billion) throughout the year, compared to $ 3 billion (£ 2.38 billion) in 2023. The profits were $ 572 million (£ 453m) in 2023. The transporter It flew 15.4 million passengers in 2024, an increase of 11 percent compared to 2023.

Flydubai is the sister airline of the Emirates of the long -distance airline, both based at Dubai International Airport, the most busy in the world for international trips.

The two carriers have seen their earnings recover after the coronavirus pandemic stopped worldwide.

Both airlines are owned by the Dubai government investment corporation. The two carriers also operate shared code flights, increasing traffic on Flydubai routes.

Flydubai has a fleet of 88 aircraft, all Boeing 737 models. Volizes 131 destinations in 55 countries, including 10 new destinations such as Basel in Switzerland, Bhairahawa in Nepal and Islamabad and Lahore in Pakistan.

The airline has also seen an increase in demand for its executive class offers, with an absorption of 18 percent in its network last year, with almost half a million passengers.

Flydubai's flights to Ben Gurion International Airport in Israel continued throughout the Israel-Ahamas War while other international carriers stopped their flights.

The route began to fly after the United Arab Emirates recognized Israel in 2020.

Ghaith Al Ghaith, Executive Director of Flydubai, said: “Our record financial performance, for the fourth consecutive year, demonstrates our continuous ability to grow our business and navigate difficult economic and geopolitical challenges through the forward planning, taking advantage of our strength to adapt and evolve to the changing market and the needs of customers.

“Our collaborative approach to our key interested parties and agility are still key drivers for this success, as well as the collective effort of our people who have been fundamental to it.”

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