Flydubai Makes U.S.$68 Million Profit After 5 Years (

Flydubai, the low-cost carrier now in its fifth year of operation and a new entrant to the regional skies, last week announced a net profit of $68 million writes PAUL TENTENA.
In 2014, flydubai added six new routes to the continent with the commencement of flights to Burundi, Rwanda, Uganda and three destinations in Tanzania.
His Highness Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of flydubai, said: “The UAE has firmly established itself as a centre of gravity for aviation. We have long recognised the importance of aviation to our economic growth. flydubai continues to make a key contribution to our economy in particular as a result of its strategy to open up previously underserved routes.”
Sheikh Ahmed Bin Saeed Al Maktoum, said recording its profitability for the third consecutive full year, the 2014 Results show that the recent order for more aircraft as well as investments in the offering on the ground and in the air have been the right strategy for the airline. “flydubai’s role in the aviation sector is now being recognised beyond the region,”
Ghaith Al Ghaith, Chief Executive Officer of flydubai, reflecting on last year, said: “2014 saw flydubai open up a record number of new routes in what was a demanding year. To have achieved what we have achieved is significant. The continued investment in our people and operations has strengthened our business and ensures that we are well positioned for sustained growth in the future. It is good to see that more passengers than ever before are travelling with us.”
The airline saw growth in passenger numbers and demand for its services from its passengers across its network.
It carried 7.25 million passengers in 2014 and has carried 24.3 million since it launched its operations.
The airline saw an increase in passenger numbers between 2013 and 2014 in Africa (14%), Central Asia (57%), Europe (11%) and the Subcontinent (11%)