flydubai reports historic profit of $327 million in year ending 2022

flydubai reported historic profit of $327 million an increase of 43% as compared to 2021. These numbers reflect the airline’s strong business model built on cost efficiency and agility, the airline said in a statement announcing the annual results for year ending December 31, 2022. The airline reported a total annual revenue of $2,5bn compared with $1.4bn in 2021 reporting a rise of 72%. The airline carried over 10.6 million passengers reporting in increase of 89% as compared to 2021. Commenting on the financial results, Sheikh Ahmed bin Saeed Al Maktoum, chairman, flydubai, said: “flydubai’s record performance for 2022 is