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Low-cost carrier sees record profits as Europeans seek sun in Dubai

Low-cost carrier sees record profits as Europeans seek sun in Dubai


Dubai is a popular winter destination for European tourists looking for some mid-season warmth, with an average temperature of around 25 C.

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Low-cost airline FlyDubai, carrier to one of European travellers’ most popular destinations, has revealed it earned a record-breaking profit of $611m (€584m) in 2024, buoyed by higher passenger numbers and lower fuel costs.

FlyDubai had revenues of $3.5bn (€3.4bn) through the year, compared with $3bn €2.8bn in 2023. Profits were $572m (€546m) in 2023.

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The carrier flew 15.4 million passengers in 2024.

FlyDubai is the sister carrier to the long-haul airline Emirates, both based out of Dubai International Airport, the world’s busiest for international travel. The two carriers have seen their profits rebound after the coronavirus pandemic halted worldwide travel.

Both airlines are owned by the government’s Investment Corporation of Dubai. The two carriers also operate code-share flights, increasing traffic on FlyDubai routes.

FlyDubai has a fleet of 88 aircraft, all Boeing 737 models. It flies to 131 destinations in 55 countries.

FlyDubai’s flights to Israel’s Ben Gurion International Airport continued throughout the Israel-Hamas war as other international carriers halted their flights. It began flying the route after the United Arab Emirates diplomatically recognised Israel in 2020.



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