Dubai-Mubasher: Air Arabia said that its board recommended on Sunday a 9% cash dividend or 9 fils per share payout for the fiscal year 2015.
The ordinary general meeting will be held on 25 February to discuss the board’s proposal, according to a bourse filing on Monday.
The airline’s capital amounts to AED 4.67 billion, distributed on 4.67 million shares at AED 1 per share.