Air Arabia announces record profits for 2014

Credit: Courtesy, Airbus
Middle East low-cost carrier (LCC) Air Arabia has announced a return to its previously rapid growth in profits, after a sharp slowdown in 2013 . The Sharjah-based carrier generated record net profits for the year ended Dec. 31, 2014 of AED566 million ($154 million), up 30% compared to the previous...

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