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.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications