Air Arabia (PJSC)
Air Arabia takes delivery of two new Airbus A320 aircraft
Takes total A320 dedicated fleet strength to 53 as it explores new geographies
Air Arabia first quarter 2014 net profit soars to AED 75 million, up 27 per cent
- Turnover reaches AED 827 million, up 14.5 per cent
- Passenger traffic increases 12 per cent
Sharjah, UAE; May 12, 2014: Air Arabia (PJSC), the first and largest low-cost carrier (LCC) in the Middle East and North Africa, announced today its financial results for the three months ending March 31, 2014, reflecting the airline’s solid financials, strong business model and broad customer base.