Dubai-based hybrid carrier flydubai reported a full-year profit of AED37.3 million ($10.1 million) for 2017, up on the 2016 figure of AED31.6 million. It achieved the result on revenue of AED5.5 billion, up from AED5 billion in the previous year. Passenger numbers were up 5.5% year-over-year (YOY) to a record 10.9 million. “The oil price continues to shape the business landscape and it remains a fine balance between fares, yields and passenger growth,” CEO Ghaith Al Ghaith ...

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