UAE low cost carrier flydubai reported its first profit in 2012 and is planning to boost its growth this year by adding six new aircraft to its 50-strong fleet, it was announced on Wednesday.
Total revenue at the Dubai-government owned carrier, set up in 2009, was AED2.778bn (US$756m). Net profit for the year was AED151.9m.
The no frills airline carried 5.1m passengers in 2012. While passenger numbers across the GCC network rose 63 percent, the Commonwealth of Independent States (CIS) saw a strong growth in traffic, rising 72 percent last year.
Read more: http://www.arabianbusiness.com/uae-s-flydubai-reports-first-ever-profit-489356.html
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