Air Arabia sees profits rise despite yield pressure

Credit: Airbus
Sharjah, UAE-based low-cost carrier (LCC) Air Arabia recorded a first-half net profit of AED245 million ($66.7 million), up 3.5% compared to the same period last year. The profit figure was achieved on turnover of AED1.84 billion, up 5.5% from last time’s figure of AED 1.75 billion. The carrier...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

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