image description
image description
Tell A Friend

FinancialNews


  • 06-05-19

    Air Arabia jumps 16 percent in net profit

    (MENAFN) Net income for the UAE's low-cost airline Air Arabia jumped by 16 percent from January to March 2019, as it recorded a boost in the number of its travelers and destinations.

    In a statement, the Sharjah-based airline revealed that it stood at around USD34,847,360.00 in its net profit for the first quarter.

    During the first three months of the year, the airline also hit about USD277,689,900.00 in its revenues to mark a 17 percent surge.

    Chairman of Air Arabia Sheikh Abdullah Bin Mohamed Al Thani stated "we have continued with our network expansion strategy in the first quarter of this year adding new routes and new frequencies across all operating hubs while driving cost margins lower."

    MENAFN0605201900450000ID1098480993

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved