flydubai’s profit soars in 2021, reaching Dhs841m

flydubai’s profit soars in 2021, reaching Dhs841m

Low cost carrier (LCC) flydubai has announced its 2021 annual results, with the airline reporting a profit of Dhs841m ($229m). The airline’s total annual revenue earning amounted to Dhs5.3bn ($1,434m) compared to Dhs2.8bn ($773m) in 2020; an increase of 86 per cent. The airline carried 5.6 million passengers, an increase of 76 per cent compared to 2020, with an overall seat factor of 69 per cent. The LCC launched 22 new routes, 13 of which were unserved destinations from Dubai. The top 10 busiest routes for scheduled flights across its network were Alexandria, Bahrain, Bucharest, Doha, Karachi, Kathmandu, Male, Tbilisi, Tel Aviv and Zanzibar. With the easing of the travel restrictions around the network, flydubai saw an increase in the demand for travel. In January 2020, flydubai operated 5,701 flights. The number of flights surpassed pre-pandemic levels in December 2021 when the airline operated 6,430 flights. flydubai also reported an increase in demand for connecting traffic with 34 per cent of passengers connecting on to its network or through its codeshare with Emirates. Demand for business class increased in the following regions on the flydubai network, with the GCC seeing an increase of 42 per ent in 2021 up from