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13-Nov-2012 3:45 PM

Air Arabia revenue up 19% in 3Q2012, pax numbers up 16%

Air Arabia revenue up 19.2% - financial highlights for the three months ended Sep-2012:

Revenue: AED836.2 million (USD227.7 million), +19.2% year-on-year;
Direct costs: AED611 million (USD166.4 million), +12.9%;
Net profit: AED225.8 million (USD61.5 million), +127.4%;
Passenger numbers: 1.3 million, +15.5%;
Seat factor: 82%, +1.0 ppts;
Capacity (ASKs): +10%. [more - original PR]

*Based on the average exchange rate at USD1 = AED3.6722

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