Record-breaking yearly results for Flydubai’s fiscal year that ended on December 31, 2024, were released on Monday. The pre-tax profit of Dhs2.5 billion ($674 million) represents the Dubai-based carrier’s best-ever financial performance in its 15-year history. This represents a 16% increase over the previous fiscal year, when total revenue was Dhs12.8 billion ($3.5 billion), and a 15% increase over Dhs11.2 billion ($3 billion) in 2023.
The strength of Flydubai’s broad network and its robust and flexible business strategy drove the new milestone. Flydubai continues to push boundaries and reach new milestones year-on-year,” stated Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of Flydubai, in response to the airline’s Financial Results announcement. In its brief but significant history, it has become a major force in Dubai’s and the region’s aviation sector. Its business strategy is based on strong principles and a steadfast dedication to advancing Dubai’s tourist and economic goals. Dubai is now one of the most accessible and linked cities in the world thanks to the development of priceless air connectivity to underdeveloped areas.
As it broadens its operations and perspectives, keeps investing in innovation, and provides a better customer experience in the upcoming years, flydubai is well-positioned for future growth and success. Without the UAE’s visionary leadership and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, who have established the foundation for a safe and secure environment, forward-thinking policies, and top-notch infrastructure that promotes success, this would not have been feasible.
Also Read:
Trump Orders Target to Abandon its Diversity Initiative
In a Single Year, the UAE Welcomes Almost $30 Billion in Cryptocurrency Investments