Air Arabia reports 3Q net profit up 22%

Credit: Courtesy, Airbus
Air Arabia recorded a third-quarter net profit of AED251 million ($68.3 million), up 22% compared to AED206 million for the year-ago quarter. For the three months ended Sept. 30, the Sharjah-based low-cost carrier (LCC) posted revenues of AED1.06 billion, up 25% compared to AED854 million in the...

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