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FINANCIAL NEWS
Air Arabia records 16.8% jump in H1 traffic
25 Aug 2010
(MENAFN) Low cost carrier Air Arabia announced a 16.8 percent increase in passenger traffic between Sharjah and other GCC destinations during the first half of the year, Reuters reported.
Some 551,041 passengers travelled on the budget airline between January and June 2010, compared to 471, 828 in the same period in 2009.
Air Arabia recorded an average of 83 flights per week from its hub in Sharjah to nine destinations across the GCC, the company said in a statement.
Air Arabia began operations from its third hub in Alexandria, Egypt in June and announced a fourth hub in Jordan in collaboration with Tantash Group, an Amman-based investment company.
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