Air Arabia Sees Profits Rise Despite Yield Pressure

Credit: Air Arabia
LYONS, France—United Arab Emirates-based LCC Air Arabia recorded a first-half net profit of 245 million dirhams ($66.7 million), up 3.5% compared to the same period last year. The profit figure was achieved on turnover of 1.84 billion dirhams, up 5.5% from last time’s figure of 1.75 billion dirhams...

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