Flydubai announces increase in full-year profit

Dubai-owned airline also saw an increase in revenue

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Flydubai announces increase in full-year profit

Low-cost carrier Flydubai announced a 17 percent increase in full-year profit, as the price of oil continues to have a bearing on its performance.

The airline’s full-year profit of $10.1 million (AED37.3m) was an increase on the previous year’s profit of $8.6m (AED31.6m).

Full-year revenue was reported as $1.5 billion (AED5.5bn), up 9.2 percent on last year’s $1.37bn (AED5bn).

The airline carried a record number of 10.9 million passengers during the year, growing 5.5 percent on the previous year. More

By Neil Halligan  arabianbusiness.com