Air Arabia Profit Drops 42% As Fuel Costs, Regional Conflict Bite

Air Arabia Airbus A320
Credit: Imago/Alamy
Air Arabia’s third-quarter net profit fell 42% as higher fuel costs and disruption caused by the Middle East crisis outweighed revenue growth. The Sharjah, United Arab Emirates-based low-coast carrier (LCC) group reported a net profit of 383 million Emirati dirhams ($104 million) for the three...
David Casey

David Casey is Editor in Chief of Routes, the global route development community's trusted source for news and information.

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