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The Independent UK

National

Via AP news wire

FlyDubai announces record profit as Gulf air travel booms

Flydubai Dubai Pandemic

Copyright 2019 The Associated Press. All rights reserved.

Budget carrier FlyDubai announced record profits on Wednesday, benefitting from a surge in air travel following the lifting of pandemic restrictions.

The state-owned carrier, based in the business and tourism hub of Dubai in the United Arab Emirates, reported $327 million in profit in 2022, up 43% from the previous year. Annual revenue for 2022 was up 72%, to $2.5 billion, it said.

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