Air Arabia first-half profit climbs 7%
New routes and increases in capacity helped Air Arabia grow its net profit to Dh261m in H1 this year, a 7% rise compared to the same period last year. The Sharjah-based low cost carrier said Monday it served over 4.1m passengers in the first six months of 2017, while the average seat load factor – or passengers carried as a percentage of available seats – for the same period stood at 79%. Turnover for the Middle East and North Africa’s largest low-cost carrier reached Dh1.716b, it said. “The first half of this year has seen Air Arabia continue its robust growth by launching new routes and increasing capacity across its operating hubs while remaining focused on driving operating cost margins lower by the day,” said Shaikh Abdullah Bin Mohammad Al Thani, Chairman of Air Arabia. The airline received two new Airbus A320 aircraft in the first half of this year, and added 12 new routes from its major operating hubs in the UAE, Morocco, Egypt and Jordan. Air Arabia currently serves a global destination network of 130 routes across the world. The airline launched three times a week flights to Sohar and five times a week to Trabzon, Turkey, last month.<br/>
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Air Arabia first-half profit climbs 7%
New routes and increases in capacity helped Air Arabia grow its net profit to Dh261m in H1 this year, a 7% rise compared to the same period last year. The Sharjah-based low cost carrier said Monday it served over 4.1m passengers in the first six months of 2017, while the average seat load factor – or passengers carried as a percentage of available seats – for the same period stood at 79%. Turnover for the Middle East and North Africa’s largest low-cost carrier reached Dh1.716b, it said. “The first half of this year has seen Air Arabia continue its robust growth by launching new routes and increasing capacity across its operating hubs while remaining focused on driving operating cost margins lower by the day,” said Shaikh Abdullah Bin Mohammad Al Thani, Chairman of Air Arabia. The airline received two new Airbus A320 aircraft in the first half of this year, and added 12 new routes from its major operating hubs in the UAE, Morocco, Egypt and Jordan. Air Arabia currently serves a global destination network of 130 routes across the world. The airline launched three times a week flights to Sohar and five times a week to Trabzon, Turkey, last month.<br/>
