Print this page
Email this to a friend
Discuss this article (0 Comments)Air Arabia profit soars 30%
by This email address is being protected from spam bots, you need Javascript enabled to view it on Saturday, 08 November 2008
PROFIT SOARS: Air Arabia posted net income of $58.26 million in the third quarter.
Dubai-listed low-cost carrier Air Arabia posted a net profit of 214 million dirhams ($58.26 million) in the third quarter, up 30 percent from the year-earlier period.
The airline made 374 million dirhams in the nine months ended Sept. 30, compared to 280 million dirhams in during the same period last year, it said in a statement on Saturday.
The total number of passengers in the third quarter stood at 978,794 passengers, an increase of 34 percent compared to the same period last year, the airline said. (Reuters)
advertisement
READERS' COMMENTS
MORE FROM ARABIANBUSINESS.COM
TOP IN MIDDLE EAST TRANSPORTATION
TOP MIDDLE EAST BUSINESS STORIES
ALSO IN MIDDLE EAST TRANSPORTATION
LATEST MIDDLE EAST BUSINESS NEWS
RELATED STORIES
Air Arabia
| 136 stories- ING advises now the time to buy shares
21 Dec '08 | News - Meeting demand
24 Nov '08 | Features - Air Arabia signs deal to buy 10 more A320s
12 Nov '08 | News
Mobile
EMIRATES ID DOWNLOAD
