Loading
16-May-2012 2:10 PM

Air Arabia revenue up 21.2% in 1Q2012

Air Arabia reports (15-May-2012) the following consolidated financial highlights for the three months ended Mar-2012:

  • Revenue: AED621.9 million (USD169.4 million), +21.2% year-on-year;
  • Profit for the period: AED49.3 million (USD13.4 million), +11.3%;
  • Net profit: AED47.7 million (USD13 million), +11.7%;
  • Total assets: AED7,335.6 million (USD1,997.5 million), +3.1% when compared to period ended 31-Dec-2011. [more – original PR]

*Based on the average conversion rate at USD1 = AED3.6723 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