Air Arabia's third-quarter profit rises nearly 30%

Air Arabia reported a AED214 million ($58.2 million) third-quarter profit, up 29.7% from the AED165 million earned in the year-ago period. The Sharjah-based LCC enjoyed a 69% year-over-year increase in revenue to AED625 million on a 34% rise in passengers to 978,794. Load factor was level at 87%...

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