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.
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