Air Arabia report 3.5% H1 profit rise
Air Arabia reported a 3.5% increase in half-year profit on Thursday. The United Arab Emirates’ only listed carrier made Dh245.3m in the six months to June 30, up from Dh236.9m in the prior year period, according to a statement posted to the Dubai Financial Market (DFM). Revenue increased 5.3% to Dh1.8b. In Q2, the airline reported a 13.5% decline in profit for the three months to June 30. Q2 sales increased 3.9% to Dh893.7m.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-08-12/unaligned/air-arabia-report-3-5-h1-profit-rise
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Air Arabia report 3.5% H1 profit rise
Air Arabia reported a 3.5% increase in half-year profit on Thursday. The United Arab Emirates’ only listed carrier made Dh245.3m in the six months to June 30, up from Dh236.9m in the prior year period, according to a statement posted to the Dubai Financial Market (DFM). Revenue increased 5.3% to Dh1.8b. In Q2, the airline reported a 13.5% decline in profit for the three months to June 30. Q2 sales increased 3.9% to Dh893.7m.<br/>
