Air Arabia set to launch new Saudi route in November

Sharjah-based low cost carrier announces plans to introduce flights to Yanbu from Nov 1
Air Arabia set to launch new Saudi route in November
By Andy Sambidge
Mon 05 Sep 2011 06:19 PM

Low-cost carrier Air Arabia announced on Monday that it will launch a new route to Saudi Arabia, starting in November.

The airline said it will introduce flights from its primary hub in Sharjah to the Saudi city of Yanbu.

Beginning November 1, Air Arabia will offer threeweekly flights to the city on Tuesdays, Thursdays, and Saturdays.

"In July this year, Air Arabia started its flights to the City of Gassim in Saudi Arabia and today, we are extremely pleased to introduce our new service between Sharjah and Yanbu, which marks the sixth destination in Saudi Arabia reachable via Air Arabia," said AK Nizar, head of commercial department at Air Arabia.

In May, Air Arabia posted a 12 percent decline in first-quarter net profit as rising fuel costs and political unrest put pressure on margins.

The low-cost carrier saw a net profit of AED44.2m for the three months to March 31, down from AED50m in the same period a year earlier.

Revenue for the quarter rose six percent to AED513m, up from AED482m in the year-earlier period.

Air Arabia said it carried 1.2 million passengers in the first quarter, a rise of 11 percent on the same period a year earlier. Average seat load factor rose 6 percent to 85 percent.

For all the latest transport news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.

Subscribe to our Newsletter

Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.