UAE’s flydubai 2021 profit surpasses pre-pandemic figures

Published by
Al-Araby

United Arab Emirates carrier flydubai swung to a profit of 841 million dirhams ($229 million) last year surpassing pre-pandemic figures as demand increased after travel curbs eased globally, it said on Monday. The profit compared with a loss of 712.6 million dirhams in 2020 when the airline, which lacks a domestic market, was hit by international closures imposed because of the Covid-19 crisis. Revenue jumped 86 percent to 5.3 billion dirhams. The profit figures even topped the 198.2 million dirhams reported in 2019. “With the lifting of restrictions across our network and increasing demand fo…

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