Arab Today, arab today air arabia q2 net profit up
Last Updated : GMT 02:39:15
Arab Today, arab today
Arab Today, arab today

Air arabia Q2 net profit up

Arab Today, arab today

Arab Today, arab today Air arabia Q2 net profit up

Sharjah - QNA

Low-cost carrier Air Arabia Tuesday announced a net profit of AED 66 Million for the second quarter ending June 30, an increase by 31% compared to AED 51 Million in the corresponding period in 2011. The carrier’s turnover for the second quarter of 2012 stood at AED 729 Million, an increase of 23% compared to AED 592 Million reported for the same period in 2011. The airline welcomed onboard 1.3 million passengers in the second quarter of 2012, an increase of 15% compared to the same period last year. Air Arabia’s average seat load factor – or passengers carried as a percentage of available seats – for the three months ending June 30, stood at an impressive 85%, up 3% for the same period last year. Air Arabia Chairman Sheikh Abdullah bin Mohammad Al Thani said, “Air Arabia’s expansion strategy and efficient operating model continue to be reflected in the airline’s financial performance, amidst continues political challenges that the region is witnessing. In the second quarter of this year, our proven ability to identify and capitalise on underserved served routes continued to reap enormous benefits.” For the six months ending June 30, Air Arabia reported a net profit of AED 115 Million, an increase of 22% compared to AED 94 Million in the corresponding period in 2011. The Dubai Financial Market listed carrier’s turnover for the first half of 2012 stood at AED 1.3 Billion, an increase of 22% compared to AED 1.1 Billion reported in the same period of 2011. The airline welcomed onboard 2.5 million passengers in the first half of 2012, an increase of 11% compared to the same period last year. “Looking ahead, we are confident about the outlook of low cost travel in the region. As we continue expanding into new markets and adding new services, we look forward to providing best-in-class services for our customers throughout the year and beyond,” said Sheikh Abdullah. The carrier added two new routes in the first half of 2011, with Taif in Saudi Arabia and Salalah in Oman bringing the airlines global network to 75 destinations. Additionally, the airline increased the frequency of flights to Nagpur in India, Dammam and Riyadh in Saudi as well as to Kuwait. The first half of 2012 also saw the delivery of three new aircraft from Airbus as well as Air Arabia completing its first maintenance check with its new hangar facility. The second quarter of 2012 saw Air Arabia being ranked as the world’s second best performing airline in a study by Aviation Week, the leading global aviation magazine. The Top-Performing Airlines (TPA) Study ranked the top 10 performing airlines worldwide, based on five different performance categories, including financial and operational performance. Air Arabia was the only Middle East airline to claim a spot in the study.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today air arabia q2 net profit up Arab Today, arab today air arabia q2 net profit up

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today air arabia q2 net profit up Arab Today, arab today air arabia q2 net profit up

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday