Dubai-based hybrid carrier flydubai reported a full-year profit of AED37.3 million ($10.1 million) for 2017, up 18% on a net profit of AED31.6 million in 2016. It achieved the result on turnover of AED5.5 billion, compared to AED5 billion in the previous year. Passenger numbers were up 5.5% at a record 10.9 million, compared to 10.4 million in 2016. “The oil price continues to shape the business landscape and it remains a fine balance between fares, yields and passenger ...

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