net profit

Air Arabia reports strong first quarter net profit of AED114 million, up 34%

  • Results exceed analyst expectations
  • Turnover increases 7 percent to AED946 million
  • Passenger numbers up 17 percent to 2.1 million 

Air Arabia PJSC today reported strong financial results for the first quarter of 2016 exceeding analyst expectations as the Middle East’s first and largest low cost carrier continued to deliver outstanding performance and attract new customers.