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 2013 third quarter. Passenger numbers were up 15% at more than 1.75 million for the quarter. Load factor stood at 80%. For the first nine months of 2014, net profit reached AED498 million, up 46% ...

Subscribe to Access this Entire Article

"Air Arabia reports 3Q net profit up 22% " 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.