Air Arabia 1Q profits up 34%
Credit: Air Arabia
Sharjah-based low-cost carrier (LCC) Air Arabia posted a first-quarter net profit of AED114 million ($31 million), up 34% compared to a AED85 million net profit in the year-ago quarter . First-quarter revenue was AED946 million, up 7% year-over-year (YOY). The carrier said the results exceeded...
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