flydubai has announced on Wednesday its Full-Year Results for the year ending 31 December 2017.

flydubai reported total revenue of AED 5.5 billion ($1.5 billion) compared to AED 5 billion ($1.37 billion) last year; an increase of 9.2% compared to the same period reported in last year’s results.

It reported a profit of AED 37.3 million ($10.1 million); the airline has continuously reported Full-Year profitability since 2012.

The aviation sector continues to be a key contributor to the development of the business landscape in support of international trade links.

flydubai carried 10.9 million passengers – a record number for the airline. Passenger numbers grew by 5.5% compared to the previous year.

With up to 295 aircraft on order flydubai becomes one of the world’s top ten airlines in terms of order backlog. Represents the scale of the ambition planned for the airline.

Commenting on the announcement of the airline’s Full-Year Results for 2017, Sheikh Ahmed bin Saeed Al Maktoum, Chairman of flydubai, said: “the Results announced today demonstrate the key role that flydubai continues to play in the development of trade and tourism in the UAE. 2017 also saw flydubai place its third and largest aircraft order illustrating its contribution to Dubai as a centre of aviation and represents the scale of the ambition planned for the airline.”

Commenting on the expanded codeshare announced last year, Sheikh Ahmed bin Saeed Al Maktoum, said: “in its early stages, the partnership with Emirates has enjoyed a significant response from passengers who recognise the benefits of traveling around the world on a single ticket. As the opportunities presented by the codeshare progress it will create new passenger flows going forward.” — SG