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Middle East Business: Air Arabia flies high with $125m Q2 profit; turnover hits $344m

Air Arabia flies high with $125m Q2 profit; turnover hits $344m

Sharjah-based carrier Air Arabia has reported a record net profit of AED459 million ($125 million) for the second quarter, which grew nearly three-fold when compared to Q2 2022, while its turnover increased by 25% to hit AED1.4 billion ($381 million).

Air Arabia net profit up 78% at Dh801 million in H1-2023

During H1-2023 Air Arabia expanded its network by launching 18 new routes

Air Arabia s quarterly profit soars 187% to Dhs459m

Air Arabia s quarterly profit soars 187% to Dhs459m
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