Robust growth fuels Air Arabia 2Q profit

Credit: Rob Finlayson
Sharjah-based low-cost carrier (LCC) Air Arabia posted a 2017 first-half net profit of AED261 million ($71 million), up 7% compared to AED245 million for 2016 1H. Turnover for the first six months reached AED1.72 billion, down from AED1.84 billion in the year-ago half.The LCC carried more than 4.1...

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