10-Aug-2009 11:54 AM
Air Arabia revenue down 6% in June quarter
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