Air Arabia approves 2017 budget

Dubai – Mubasher: Air Arabia announced that its board approved on Sunday 2017 budget, according to a bourse fling.

The company did not mention any details concerning its new budget in its statement.

The board discussed administrative and routine items on its agenda, with no effect on the share price, the statement said.

Air Arabia's profits grew 26% year-on-year to AED 297 million in the third quarter in 2016, compared to AED 235 million.

Mubasher Contribution Time: 26-Dec-2016 07:01 (GMT)
Mubasher Last Update Time: 26-Dec-2016 07:01 (GMT)