Air Arabia posts Dhs510m net profit

16 February 2009

Low-cost carrier Air Arabia has recorded a net profit of Dhs510m for 2008, an increase of 35.6% compared to 2007. Air Arabia also posted a turnover of Dhs2.066bn for 2008, up 61% compared to 2007. With a 33% increase in passengers, average load factor stood at 85%. In 2008 3.6 million passengers flew Air Arabia, compared to 2.7 million in 2007.

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