Air Arabia fourth quarter net profit rises seven per cent to AED 78.7 million

Air Arabia reported a net profit of AED 78.7 million for the three months ending December 31, 2011, an increase of seven per cent compared to AED 73.6 million in the fourth quarter of 2010. 

The company’s turnover for the fourth quarter 2011 reached AED 638 million, an increase of 17 per cent compared to AED 544.8 million in 2010. Air Arabia carried 1,180,402 passengers in the final three months of last year, up two per cent compared to the same period in 2010.


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