flydubai, in its fifth year of operation, reported a net profit USD 68 million, an increase of 12.3 per cent compared to 2013 with total revenue of USD 1.2 billion for the 12-month period, ending 31 December.
Last year saw flydubai, in support of the economic development of the UAE, remain focused on its long-term strategy to open up new routes by expanding opportunities for travel, maintaining efficient operations across its network and continuing to deliver a better customer experience.
Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of flydubai, commenting on the Annual Results added: “recording its profitability for the third consecutive full year, the 2014 Results show that the recent order for more aircraft as well as investments in the offering on the ground and in the air have been the right strategy for the airline. flydubai’s role in the aviation sector is now being recognised beyond the region.”
Ghaith Al Ghaith, Chief Executive Officer of flydubai, reflecting on last year, said: “2014 saw flydubai open up a record number of new routes in what was a demanding year. To have achieved what we have achieved is significant.The continued investment in our people and operations has strengthened our business and ensures that we are well positioned for sustained growth in the future. It is good to see that more passengers than ever before are travelling with us.”
2015 will continue to be a demanding year due to the global socio-economic landscape. “We will end 2015 with a fleet of 50 aircraft. Together with the new route launches this is an endorsement of the strategy we set out at the beginning and underlines the achievements of the past six years. I’m grateful to the team at flydubai for helping us to ensure that we are well positioned for sustained growth in the years ahead as we start to prepare for the new deliveries in 2016 and the first deliveries of the 737 MAX 8s in 2017 bringing further efficiency to our fleet,” Ghaith said.
