Sharjah-based low-cost carrier (LCC) Air Arabia posted a 2017 first-half net profit of AED261 million ($71 million), up 7% compared to AED245 million for 2016 1H. Turnover for the first six months reached AED1.72 billion, down from AED1.84 billion in the year-ago half. The LCC carried more than 4.1 million passengers, with a load factor of 79% in the 1H, which remained flat compared to the 1H 2016. “The first half of this year has seen Air Arabia continue its robust growth by ...

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