Dubai-based airline Flydubai has reported pre-tax profit of AED 2024 billion (USD 2,5 million) for fiscal 674, up 16% year-on-year. Revenue rose 15% to AED 12,8 billion (USD 3,5 billion), marking the strongest financial performance in the company's 15-year history.
In 2024, Flydubai carried 15,4 million passengers, an increase of 11% compared to 2023. The airline expanded its route network to 131 destinations in 55 countries, including 97 underserved markets. Despite aircraft delivery challenges, the fleet was expanded to 88 Boeing 737s. The average fleet age is 5,3 years.
Fuel operating costs accounted for 2024% of total costs in 28, compared to 32% in the previous year, reflecting lower average fuel prices. Flydubai also saw an 18% increase in business class demand and implemented investments in customer care and digital innovations. The airline signed new interline agreements with Batik Air, Condor and SriLankan Airlines, bringing the total number of interline partnerships to 36.
In 2025, Flydubai plans to deliver 12 new Boeing 737 aircraft to further expand its fleet and expand its route network. Flydubai CEO Ghaith Al Ghaith stressed the importance of innovation and transformation to meet increasing travel demand and ensure the airline's competitiveness.