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Air Arabia’s profits surge in fourth quarter and full year 2008, but tougher outlook seen


Air Arabia is living up to its reputation as the world’s most profitable airline (by operating and net margins), with a strong final quarter. The carrier’s net profit for the three months ended 31-Dec-08 rose 45.5% to USD37 million, producing a net margin of 23.8% - a figure the envy of airlines worldwide. [1165 words]

Unlock the following content in this report:


  • Net margin eases slightly for the full year
  • Four more A320s to be added in 2009
  • Casablanca hub to open in Apr-09
  • India the early target in 2009
  • Outlook "serious challenges ahead"

Graphs and data:

  • Air Arabia financial & traffic highlights: Three months ended 31-Dec-08
  • Air Arabia net profit and net profit margin: 1Q07 to 4Q08
  • Air Arabia's 4Q08 vs full year 2008 performance
  • Air Arabia financial & traffic highlights: 12 months ended 31-Dec-08
  • Air Arabia net profit margin and revenue growth: 2005 to 2008
  • Air Arabia passenger numbers and passenger load factor: 2004 to 2008
  • Air Arabia fleet plan: 2009 to 2017
  • Air Arabia India destinations
  • India-Middle East seating capacity by carrier
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