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Low-cost carrier FlyDubai sees record $611 million profit in 2024

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Low-cost carrier FlyDubai sees record $611 million profit in 2024
News

News

Low-cost carrier FlyDubai sees record $611 million profit in 2024

2025-02-24 18:48 Last Updated At:19:01

DUBAI, United Arab Emirates (AP) — The low-cost carrier FlyDubai announced Monday it earned a record-breaking profit of $611 million in 2024, buoyed by higher passenger numbers and lower fuel costs.

FlyDubai had revenues of $3.5 billion through the year, as compared to $3 billion in 2023. Profits were $572 million in 2023.

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 recognized Israel in 2020.

FILE - Workers prepare a FlyDubai flight at Dubai International Airport in Dubai, United Arab Emirates, Friday, Oct. 18, 2024. (AP Photo/Jon Gambrell, File)

FILE - Workers prepare a FlyDubai flight at Dubai International Airport in Dubai, United Arab Emirates, Friday, Oct. 18, 2024. (AP Photo/Jon Gambrell, File)

OSLO (AP) — Norwegian police are investigating a potential explosion outside the U.S. Embassy in Oslo early Sunday, officials said.

No injuries were reported. Police received reports of a “loud bang” or explosion around 1 a.m., Oslo police said in a news release.

The U.S. Embassy in Oslo and police did not immediately return requests for comment. Other details were not available.

This photo shows outside of the U.S. Embassy in Oslo, Norway in the early hours of Sunday, March 8, 2026. (Javad Parsa/NTB Scanpix via AP)

This photo shows outside of the U.S. Embassy in Oslo, Norway in the early hours of Sunday, March 8, 2026. (Javad Parsa/NTB Scanpix via AP)

Norwegian police attend outside the U.S. Embassy in Oslo, Norway in the early hours of Sunday, March 8, 2026. (Javad Parsa/NTB Scanpix via AP)

Norwegian police attend outside the U.S. Embassy in Oslo, Norway in the early hours of Sunday, March 8, 2026. (Javad Parsa/NTB Scanpix via AP)

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