Credit: Rob Finlayson
Two Gulf LCCs, Air Arabia and Jazeera Airways, have turned in record annual 2019 profits. Sharjah-based Air Arabia reported a net profit of AED1 billion ($272 million), an increase of 80% on 2018, excluding the impairment accounting treatment that the company took for the latter year. Turnover was...
Subscription Required
Gulf LCCs Turn In New Earnings Highs is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.
Related Content
