Flydubai,
a United Arab Emiratesbased budget airline, which entered the Rwandan
market last year, has announced plans to increase flights from the
region to Dubai, a statement from the firm indicates.
This
comes on the heels of a surge in its 2014 net profits, which grew by
12.3 per cent, from about $60.5 million (about Rwf40.3 billion) in 2013
to $68 million (about Rwf46 billion) last year.
Its
revenues increased by 19.1 per cent from over $1 billion (about Rwf676
billion) to $1.2 billion (about Rwf811.2 billion) over the same period,
the statement added.
The
company recorded a 14 per cent increase in passenger numbers between
2013 and 2014 in Africa, mainly due to the introduction of new routes in
north and East Africa.
The firm plans to increase flights to emerging markets in North and East Africa to 63 flights a week across 12 points.
Sheikh
Ahmed Bin Saeed Al Maktoum, the chairman of flydubai, said the airline
is committed to serving previously underserved routes. Last year, the
airline added 23 new routes to its network, totaling to 86 destinations.
Fuel remains the largest cost, at 36 per cent of its total operating
costs.
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