Sharjah-based low-cost carrier Air Arabia has announced that it posted a net profit of Dhs452m ($123.1m) for 2009. The airline said it served 4.1 million passengers in 2009, up 14.2% from 3.6 million in 2008. The company's turnover for all of 2009 was Dhs2bn ($544m), down 4.5% from the company's Dhs2.066bn ($562m) turnover in 2008, it said.
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