Air Arabia delivers record net profit of AED 662 million in 2017

Air Arabia delivers record net profit of AED 662 million in 2017

Air Arabia reported a 30 per cent jump in year-on-year profit, to record AED 662 million for 2017.

Revenue at the low-cost carrier was flat, indicating that the increase in profit was down to greater efficiencies.

Air Arabia’s profit margin was 17 per cent – way ahead of the industry average of less than 5 per cent.


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