Loading
8-Aug-2012 1:12 PM

Air Arabia net profit up 31% in 2Q2012

Air Arabia reported the following financial highlights:

  • Three months ended 30-Jun-2012:
    • Revenue: AED729 million (USD198.5 million), +23% year-on-year;
    • Net profit: AED66 million (USD18.0 million), +31%;
    • Passenger numbers: 1.3 million, +15%;
    • Load factor: 85%, +3 ppts;
  • Six months ended 30-Jun-2012:
    • Revenue: AED1300 million (USD354.0 million), +22%;
    • Net profit: AED115 million (USD31.3 million), +22%;
    • Passenger numbers: 2.5 million, +11%. [more - original PR]

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

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More