Air Arabia Posts Modest Profit In Face Of Epidemic
Credit: Rob Finlayson
Gulf LCC Air Arabia is voicing cautious optimism for the near future after unveiling a profitable 2021 first quarter (Q1). At a time when the vast majority of airlines remain deeply mired in red ink, Sharjah-based Air Arabia posted a net profit of AED34 million ($9.25 million). This was 52% less...
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