Dubai - Muabsher: Air Arabia reported a net profit of AED 245 million for the first half of 2016 ending June 30, 2016, an increase of 3.5% compared to the AED 237 million reported for the same period last year.
The company’s turnover for the first six months of 2016 reached AED 1.84 billion, compared to AED 1.75 billion in the corresponding period last year, an increase of 5.5%.
Marking robust growth in passenger demand, Air Arabia flew 4.1 million passengers during the first half of 2016 – up 14% on the corresponding period last year.
The airline’s average seat load factor for the first six month of 2016 - passengers carried as a percentage of available seats – stood at impressive 79%.
