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11-Feb-2016 8:15 AM

flydubai achieves fourth consecutive year of profitability in 2015

flydubai said (10-Feb-2016) the carrier achieved its fourth full-year of profitability in 2015. Details include:

  • Revenue: AED4900 million (USD1334 million), +11% year-on-year;
  • Net profit: AED100.7 million (USD27.4 million);
  • Passenger numbers: 9.04 million, +24%;
  • Average sector length: 1664km;
  • Employee numbers: 3393;

flydubai: "Our network is maturing and so we continue to monitor capacity and review the opportunities for existing routes as well as for new routes. In response to the changing environment, considered, balanced adjustment and management will be required. Our prudent outlook will help flydubai remain well-positioned to take advantage of the opportunities within our flying radius and continue our sustained growth trajectory," His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman. Source: Company statement, 10-Feb-2016.

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