flydubai has reported its strongest-ever financial results for the fiscal year ending December 31, 2024. The airline achieved a record profit before tax of AED 2.5 billion (USD 674 million), marking a 16% increase compared to the previous year.
The Dubai-based carrier also saw a significant rise in passenger numbers, carrying 15.4 million passengers in 2024, an 11% increase from 2023. This growth underscores flydubai's robust performance and its ability to attract more travelers despite the challenges faced by the aviation industry.
The airline's impressive financial performance is attributed to its diverse network and agile business model, which have enabled it to navigate market fluctuations effectively. flydubai's commitment to operational efficiency, digitalization, and enhancing customer experience has also played a crucial role in achieving these results.
His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of flydubai, commented on the milestone, stating, "flydubai continues to push boundaries and reach new milestones year-on-year. In its young, but impactful, journey, it has emerged as a key player in the aviation industry in Dubai and the region. Its business model is built on solid foundations and an unwavering commitment to supporting Dubai’s economic and tourism vision."
The airline's annual revenue surged by 15% to AED 12.8 billion (USD 3.5 billion), further solidifying its position as a leading carrier in the region. flydubai's fleet expansion and increased capacity have also contributed to its success, with the airline operating 88 Boeing 737 aircraft and serving 131 destinations worldwide.
As flydubai looks ahead, it remains well-positioned for continued growth and success. The airline plans to expand its horizons and operations, invest in innovation, and deliver an enhanced customer experience in the coming years.
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