flydubai posts 47% profit
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flydubai recently announced its results for 2013 which saw the airline gain a net profit of AED 222.8 million (US$ 60.7 m). This is an increase of 47% compared to 2012.
The airline continues contribution to the aviation industry, it makes in support of its commercial and tourism sectors is demonstrated by revenue of AED 3.7 billion (US$ 1.0 bn).
HH Sheikh Ahmed Bin Saeed Al Maktoum, chairman of flydubai, said: “Last year has seen many new developments with the airline. We started the year with our first full-year of profitability; we launched the business class services across our network and to support our future growth, we placed the largest single-aisle Boeing aircraft order in the Middle East.”
In terms of operational performance, there was an increase in passenger numbers to 6.82 million a 38% increase compared to 2012. Aircraft delivery was accelerated resulting in seven new Next-Generation Boeing 737-800 aircraft joining the fleet last year. Together with rolling retrofit programme a total of 14 aircraft are configured with a business class cabin.
Passenger numbers across flydubai’s network demonstrated strong demand with 17% growth in Africa, 24% in the Caucasus, 39% in Central Asia, 55% in Europe including Russia, 37% in the GCC and Middle East, 41% in the subcontinent. These markets are also the key focus areas.
This year the airline will look to obtain more aircraft. There will be delivery of eight aircraft enabling it to continue the expansion of its network with start of twice-weekly flights to Hofuf. At the end of Feb, business class was available on 46 routes. This year destinations including Abha, Baku, Basra, Belgrade, Gassim, Krasnodar, Muscat, Najaf, Tbilisi, Volgograd, Yanbu and Yerevan are some of the cities that will have business class available on board during the course of the year.
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