Sharjah-based low-cost carrier (LCC) Air Arabia posted a 2017 first-half net profit of AED261 million ($71 million), up 7% compared to AED245 million for 2016 1H. Turnover for the first six months reached AED1.72 billion, down from AED1.84 billion in the year-ago half. The LCC carried more than 4.1 million passengers, with a load factor of 79% in the 1H, which remained flat compared to the 1H 2016. “The first half of this year has seen Air Arabia continue its robust growth by ...

Subscribe to Access this Entire Article

"Robust growth fuels Air Arabia 2Q profit" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.