“Flydubai” announced yesterday, record annual results for the fiscal year ending December 31, 2024, which are the highest in the date of the carrier since its inception 15 years ago, and the carrier made clear profits, before taxes, amounted to 2.5 billion dirhams, with a growth of 16% compared to the year that It was preceded by 2023, while the total revenues amounted to 12.8 billion dirhams, with a growth of 15% compared to 11.2 billion dirhams per year 2023, this new achievement came thanks to the strength and diversity of the carrier network, in addition to its strong and flexible business model.
His Highness Sheikh Ahmed bin Saeed Al Maktoum, Supreme President of “Fly Dubai”, said: “(Flydubai) continues to excel and reach new horizons, year after year, within a short time the carrier emerged as a pivotal player in the aviation industry in Dubai and the region, starting from a model Her work, which is based on solid foundations and a firm commitment to support Dubai’s economic and tourism vision.
His Highness added: «The construction of air links with important markets, especially destinations and markets, contributed directly to direct flights, in consolidating the position of Dubai 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 to facilitating the movement of trade and tourism, and showed exceptional flexibility in facing challenges, which made it an element Basic support for economic growth in those markets. ”
His Highness continued: «Flydubai has a distinct 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, guided by the wise leadership of the UAE, and the forward -looking vision of His Highness Sheikh Muhammad Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God bless him, who laid down The framework for providing a safe and sustainable environment, progressive policies and global infrastructure that contributes to promoting success.
And the operational profits of “Fly Dubai” grew, before deducting interest, taxes, consumption and debt extinguishing, by 15% to 4.1 billion dirhams, which reflects the strong focus of the company on operational efficiency, cost and digital transformation, as well as continuous investment in improving customer experience.
The fuel cost constituted 28% of the total operating costs in 2024, compared to 32% in 2023, due to the decrease in the average price of fuel, 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 2024, with a growth of 11% compared to 2023, and the total capacity measured by the number of seats available per kilometer by 10%, while the rate of passenger cargo worker grew by 1.2%, and the return on travelers increased by 1% driven by increasing demand On travel and entertainment on the various destinations 18% via the carrier network, and moved nearly half a million passengers in 2024.
“The historical financial results that we have achieved for the fourth year in a row are a testament to our ability to continue developing our business, overcoming economic and geopolitical challenges through future planning, and taking advantage of our strength to adapt and develop with the changing needs of the market and customers, Our cooperative approach with strategic partners and the flexibility of our movements remains the main engines behind this Success, as well as the collective effort and the spirit of the team that the carrier’s employees, and their active and essential role in achieving this.
Commenting on the expectations of 2025, Ghaith Al -Ghaith said: “We look forward to another positive performance this year. (Fly Dubai) will receive 12 new (Boeing 737) aircraft in the current year 2025, To continue to develop its fleet, replace some of its current planes, and support plans to expand its network.
The total order of “flydubai”, 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 a wide -body aircraft worth 11 billion dollars, as of 2027.
Tanker Network
Flydubai was forced to re -evaluate in the development plans of its destinations, and review the numbers of flights over the network, to adapt to the ongoing challenges in the schedules of new aircraft delivery in 2024, and despite the postponement of expansion plans, the flydubai network and the flydubai network have grown in Last year, to 131 destinations in 55 countries, including 97 destinations that were not served by direct flights to Dubai or the Emirates.
Fleet
The number of aircraft in the flydubai fleet reached 88 aircraft, and the flydubai received four Boeing 737 MAX 8 aircraft, in the first half of 2024, it was one of the arrears from previous years, and it faced wide delays in the delivery schedule, and it did not receive The carrier is any of the aircraft that was scheduled to be delivered in 2024 due to the continued challenges related to the Boeing table For deliveries, the carrier extended the lease contract for four planes that were to be returned to the two lessors.
Sustainability
Flydubai is committed to supporting the UAE’s vision to reach the achievement of carbon (zero emissions), by 2050, and in light of the limited solutions that are currently applicable to significantly reduce carbon emissions in the industry, Fly Dubai continues to rely on its fleet of aircraft «737 Max 8» to achieve carbon emissions due to the 14% fuel consumption efficiency In its predecessor.
The workforce
The continuous employment campaign in the various sections of the company increased its working power to 6089 employees, and the company continued to invest in its internal capabilities and continue to develop in its training programs, including the Emirati cadres training program, the engineering training program, and various national development programs in the company.
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