flydubai profits surge to $229 million on increased passenger demand, solid business fundamentals – ArabianBusiness

flydubai profits surge to $229 million on increased passenger demand, solid business fundamentals – ArabianBusiness

flydubai has revealed a surge in profits to $229 million (AED 841 million) within in its annual results for the financial year ending 31 December 2021.

The firm reported total annual revenue of $1.43 billion (AED 5.3 billion) in 2021, marking an 86% year-on-year increase compared to $773 million (AED 2.8 billion) in 2020.

The government-owned low-cost airline witnessed a 76% increase in passengers compared to 2020, reporting at 5.6 million passengers in 2021 with an overall seat factor of 69%.