Air Arabia net profit up 272%
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Air Arabia net profit up 272%

Air Arabia net profit up 272%

Air Arabia, the first and largest low-cost carrier in the Middle East and North Africa, has announced that it posted a net profit of Dhs376m ($102m), an increase of 272% compared to Dhs101m in 2006, reported Gulf News. The airline also posted a turnover of Dhs1.283bn in 2007, up 71.3% compared to Dhs749.16m in 2006.

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    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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