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Home Gulf News

Flydubai Reports a Record Dh2.1 Billion Profit and Adds 1,000 Additional Staff.

February 23, 2024
in Gulf News, Dubai
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Flydubai Reports a Record Dh2.1 Billion Profit and Adds 1,000 Additional Staff.

Flydubai announced on Thursday that, due to robust organic growth combined with robust development in the aviation sector, its 2023 earnings increased by 75% to a record Dh2.1 billion. The carrier located in Dubai reported a 23% growth in overall annual revenue to Dh11.2 billion in 2023 from Dh9.1 billion in 2022.

By 2023, Flydubai had 5,545 personnel, with over 1,000 more joining various divisions. Pilots, cabin crew, and engineers made up about 73% of the new hires to support the airline’s expanding fleet and network. The carrier’s workforce of UAE nationals has more than doubled.

One of the primary economic growth engines in the UAE in the post-pandemic period has been the aviation sector. Emirates Airlines also reported a record Dh10.1 billion profit—a 138% increase—for the first half of 2023 in November. 13.8 million passengers were transported across its network, a 31% increase from 2022. The GCC witnessed a 32% surge in demand for Business Class as Central Asia.

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The Emirates Times

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The Emirates Times is an English Language Internet media with a significant focus on business, technology, news, entrepreneurship, leadership, innovation, prominent business personalities, and many more, majorly in the GCC region. Further, the company publishes interviews, news, business content, press releases, etc. This platform also publishes about real estate, sports, metaverse, business ideas, and more.
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