Air Arabia reports 34% increase in Q1 profit to Dh114m
Air Arabia reported strong financial results for A1 2016. Air Arabia reported a net profit of Dh114m for the three months ending March 31, 2016, 34% higher than the corresponding 2015 figure of Dh85m. In the same period, the airline posted a turnover of Dh946m, an increase of 7% on Dh886m in Q1 last year. The airline flew more than 2.1m passengers between January and March 2016, up 17% on the corresponding period of last year. The airline’s average seat load factor during the first three months of 2016 stood at 81%.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-05-10/unaligned/air-arabia-reports-34-increase-in-q1-profit-to-dh114m
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Air Arabia reports 34% increase in Q1 profit to Dh114m
Air Arabia reported strong financial results for A1 2016. Air Arabia reported a net profit of Dh114m for the three months ending March 31, 2016, 34% higher than the corresponding 2015 figure of Dh85m. In the same period, the airline posted a turnover of Dh946m, an increase of 7% on Dh886m in Q1 last year. The airline flew more than 2.1m passengers between January and March 2016, up 17% on the corresponding period of last year. The airline’s average seat load factor during the first three months of 2016 stood at 81%.<br/>
