Air Arabia posted a third-quarter net profit of AED235 million ($64 million), down 6% from AED251 million in the year-ago quarter. Third-quarter revenues were slightly up at AED1.1 billion, compared to 1.06 billion last time. The Sharjah-based low-cost carrier (LCC) said it was continuing to make good progress in the marketplace. Passenger numbers for third quarter broke the two million passenger mark, a gain of 18% on the year-ago period. Average load factor remained static at 80%. Air ...

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