Money and business

2.2 billion dirhams profits "Fly Dubai" During 2024

Dubai, February 24 / WAM / Fly Dubai made a net profit of 2.5 billion dirhams “674 million dollars” before taxes, with a growth of 16% compared to the previous year 2023, and 2.2 billion dirhams “611 million” after taxes, while the total revenues amounted to 12.8 billion AED “3.5 billion dollars”, with a growth of 15% compared to 11.2 billion dirhams “3 billion US dollars” in the year 2023.

These results are annual for the fiscal year 2024, the highest in the date of the carrier since its inception 15 years ago.
His Highness Sheikh Ahmed bin Saeed Al Maktoum, Supreme President of the Dubai, said that the carrier continues to excel and reach new horizons year after year. Finely supported Dubai’s economic and tourism vision.
His Highness added that building air links with important markets, especially destinations and markets that are not served on direct flights, contributed to the consolidation of Dubai’s position as a global aviation center and one of the most connected cities in the world, and flydubai has proven its positive impact on the markets that serve it, where it contributed greatly In facilitating the movement of trade and tourism, it showed exceptional flexibility in facing challenges, which made it an essential element in Supporting economic growth in those markets.
His Highness explained that Flydubai has a distinguished position that qualifies it to achieve sustainable growth and continuous success in the next stage of its career, as it continues to expand its operations and invest in innovation to upgrade the experience of customers in the coming years, guiding the wise leadership of the UAE, and the advisory vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God bless him, who laid the framework To provide a safe and sustainable environment, progressive policies and global infrastructure that contributes to promoting success.
Fly Dubai’s operational profits have grown before deducting interest, taxes, consumption and debt extinguishing by 15% to 4.1 billion dirhams (1.1) billion dollars.
The fuel cost constituted 28% of the total operating costs in the year 2024 compared to 32% in the year 2023 due to the decrease in the average fuel price, and the closure of the value of cash and bank balance of the company, including aircraft delivery allocations 4.7 billion dirhams.
The company transferred 15.4 million passengers in the year 2024, with a growth of 11% compared to 2023.
The carrier re -evaluated in the development plans and reviewing the numbers of flights over the network to adapt to the ongoing challenges in the debate of the delivery of new aircraft in the year 2024.
Despite the postponement of expansion plans, the flydubai destination network grew last year to 131 destinations in 55 countries, of which 97 destinations were not served by direct flights to Dubai or the Emirates.
By the end of December 2024, the number of aircraft in the flydubai fleet reached 88 aircraft, with an average age of the fleet 5.3 years.
Fly Dubai received four Boeing 737 MAX 8 aircraft in the first half of the year 2024.
The total files of flydubai are 127 Boeing 737 aircraft expected to be received by the carrier over the next decade, in addition to 30 Boeing 787 Dreamliner, which was the first request of $ 11 billion in body aircraft as of 2027.
Nearly 2.3 million passengers have benefited from the joint symbol partnerships with connection trips through the Emirates Airlines and Fly -Dubai joint network, which includes 235 destinations in 101 countries through the Dubai Aviation Center in 2024.
The recruitment campaign increased its operating power to 6,089 employees.

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