Ghaith Al Ghaith, chief executive of Flydubai has said the low-cost airline is looking to order new aircraft in the next couple of years and that he expects to break even soon, according to reports.

“We should be making an announcement in the next year at least or two years maximum,” Al Ghaith revealed.

“We have been growing in such a successful manner that we will be able to make money in 2012 with the speed that we are growing,” He added.

The two year old budget carrier has doubled its flights between the UAE and Bangladesh earlier this year with the start of a new service to the country’s capital, Dhaka.

Flydubai serves 45 destinations, including the Russian cities of Ufa and Kazan, which it added last month, bringing to four the number of destinations it serves in Russia.

The carrier operates direct flights to cities in eastern Europe, central Asia, Africa and the Middle East.