Expanding Air Arabia grows 2008 profit nearly 36%

Sharjah-based LCC Air Arabia concluded a "landmark" 2008 with a AED509.7 million ($138.7 million) profit, up 35.6% from the AED376 million reported in 2007. Chairman Abdullah bin Mohammad Al Thani said the carrier "managed to sustain growth" last year, which is "reflected in our robust financial...

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