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Flydubai posts 47% jump to AED 222.8 mln

Flydubai posts 47% jump to AED 222.8 mln
Flydubai on Monday announced 2013 net profit of Dh222.8 million, an increase of 47 per cent over the previous year on higher passenger and revenues, Emirates 24/7 reported.

The airline’s revenue totalled Dh3.7 billion last year.

Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of flydubai, said: "2013 was a remarkable year for flydubai. We started the year having achieved our first full year of profitability; we launched Business Class services across our network and to support our future growth we placed the largest single-aisle Boeing aircraft order in the Middle East.

“Our 2013 profit rounds off another successful year for flydubai. The increase in profitability and focus on ensuring the efficiency of our operations, in spite of a complex operating environment, demonstrates the strength of our business model. flydubai remains focused on playing a vital role in the UAE's economic development and creating free flows of trade and tourism in previously underserved markets."