flydubai revenue up 19% in 2014

flydubai achieved a 19.1% increase in revenues to AED 4.4 billion ($1.2 billion), with profits up by 12.3% to AED 250 million ($68 million) and a capacity increase (ASKM) of 9.3%. EBITDAR growth is in line with the increase in revenue and is at a healthy rate of revenue at 22.1%, the airline reported. Flydubai has benefited from the downward trend in fuel prices starting from the last quarter of 2014, even though currently 30% of fuel requirements for 2015 are hedged. Other ancillary revenue items comprise 14.4% of total revenue. flydubai Cargo has secured ACC3 EU certification which will