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Air Arabia revenue down 6% in June quarter

10-Aug-2009 11:54 AM

Air Arabia revenue down 6% - financial highlights:

  • Three months ended 30-Jun-2009:
    • Revenue: USD124.6 million, -6.0% year-on-year;
    • Costs: USD103.8 million, -8.0%;
    • Operating profit: USD13.9 million, +10.5%;
    • Net profit: USD24.4 million, +10.0%;
  • Six months ended 30-Jun-2009:
    • Revenue: USD250.4 million, +5.9%;
    • Costs: USD206.8 million, +2.0%;
    • Operating profit: USD29.0 million, +36.3%;
    • Net profit: USD52.5 million, +20.8%.
  • *Based on the conversion rate at USD1 = AED3.68