11 May 2015
(MENAFN) Air Arabia, the low-cost airline headquartered in Sharjah Freight Center, posted a net profit of about USD21.3 million in the first quarter of the year, marking a 9 percent rise, Reuters reported.
The growth is attributable to the increase in passenger traffic. However, the airline recorded USD19.52 million net profit in the same period last year, according to the airline statements.
In the fourth quarter, the Air Arabia recorded a 30 percent decline in its net profit and the airline subsequently put the blame of fuel hedging.
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more