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Preview: flydubai announces Second-Half profit of AED 157 million (USD 43 million) driven by stronger yields and revenue growth and minimises annual loss

flydubai announces Second-Half profit of AED 157 million (USD 43 million) driven by stronger yields and revenue growth and minimises annual loss

 

Key Results for 2018

  • flydubai has today, 20 February 2019, announced its Results for the reporting period ending 31 December 2018
  • flydubai reports total annual revenue of AED 6.2 billion (USD 1.7 billion) compared to AED 5.5 billion (USD 1.5 billion) last year; an increase of 12.4% compared to the same period the previous year
  • Second-Half Profit sees annual loss reduced to AED 159.8 million (USD 43.5 million)
  • Total annual operating cost includes a price impact of AED 411 million (USD 112 million) in fuel costs
  • 11 million passengers travelled across the flydubai network; a moderate year...
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About flydubai

From its home in Dubai, flydubai has created a network of more than 90 destinations and over the next decade the airline will see its fleet grow by up to 296 aircraft. Since commencing operations in June 2009, flydubai has been committed to removing barriers to travel, creating free flows of trade and tourism and enhancing connectivity between different cultures across its ever-expanding network.

flydubai has marked its journey with a number of milestones that represent the scale of the ambition planned for the airline:

  • An expanding network: Created a network of more than 90 destinations in 47 countries across Africa, Central Asia, the Caucasus, Central and South-East Europe, the GCC and the Middle East, and the Indian Subcontinent.
  • Serving underserved markets: Opened up more than 71 new routes that did not previously have direct air links to Dubai or were not served by a UAE national carrier from Dubai.
  • An efficient single fleet-type: Operates a single fleet-type of 55 aircraft including Boeing 737 MAX 8, MAX 9 and Next-Generation Boeing 737-800 aircraft.
  • Record-breaking orders: Placed the largest single-aisle aircraft orders in the region at the 2013 and 2017 editions of the Dubai Airshow.
  • Enhancing connectivity: Carried more than 70 million passengers since it began operations in 2009.

For all our latest news, please visit the flydubai Newsroom.

flydubai
Dubai Aviation Corporation, trading as “flydubai”,
Dubai International Airport,
PO Box 353,
Dubai,
UAE

For enquiries relating to your booking, please call the Contact Centre on +971 600 544 445

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