Dubai - Mubasher: Air Arabia announced on Thursday that the board will meet on 11 August to discuss the financial statements for the second quarter of 2016, according to a bourse filing.
The airline posted a 34% rise in Q1-16 net profits to AED 114.3 million ($31.12 million).
On Thursday, Air Arabia stock rose to its highest level in ten months, recording AED 1.41 (31 cents) , with 50.9 million shares exchanged at a turnover of AED 70.2 million ($19.12 million) through 206 transactions.
