Wednesday 21 February 2018

Flydubai reports 18% profit hike for 2017 - The National

Flydubai reports 18% profit hike for 2017 - The National:

"Flydubai, Dubai’s low-cost carrier which signed last year an expanded codeshare agreement with sister airline Emirates, reported an 18 per cent rise in net profit as it flew a record number of passengers.

The airline's tie-up with Emirates and a refreshed fleet is expected to continue to drive growth in 2018.

Net profit for 2017 increased to Dh37.3 million from Dh31.6m in 2016, while total revenues increased 9.2 per cent to Dh5.5 billion compared to Dh5bn the previous year."



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