Air Arabia, the Middle East's biggest low-cost carrier, said first-quarter profit rose 81% after it carried more passengers and added more destinations.
Net income in the three months to March 31 surged to 78 million dirhams ($21.24 million) compared with 43 million dirhams in the year-earlier period, the Sharjah-based firm said in a statement.
The company's turnover rose 59% to 383 million dirhams and the number of passengers rose to 757,000 compared with 577,000 in the year-ago period, it said. |
