Dubai remains a top winter getaway for European tourists, with its warm climate averaging around 25°C.
Capitalizing on this demand, low-cost airline FlyDubai has announced a record-breaking profit of $611 million (€584 million) in 2024, driven by increased passenger numbers and lower fuel costs.
The airline generated $3.5 billion (€3.4 billion) in revenue last year, up from $3 billion (€2.8 billion) in 2023. Profits also rose significantly from $572 million (€546 million) the previous year. In total, FlyDubai carried 15.4 million passengers in 2024.
A sister airline to Emirates, FlyDubai operates out of Dubai International Airport, the world’s busiest hub for international travel. Both airlines, owned by the government’s Investment Corporation of Dubai, have seen a strong financial recovery following the COVID-19 pandemic. Their code-share agreements have further boosted FlyDubai’s traffic.
With a fleet of 88 Boeing 737 aircraft, FlyDubai serves 131 destinations across 55 countries. Notably, its flights to Israel’s Ben Gurion International Airport continued uninterrupted throughout the Israel-Hamas war, even as other international airlines suspended operations. FlyDubai first launched this route after the United Arab Emirates officially recognized Israel in 2020.
