Airline

Air Arabia Profit Declines To Dh452mm

Air Arabia announced that its net profits for financial year ending December 31st, 2010 fell only slightly to Dh 452 million, despite the difficult financial times for the global aviation industry. Air Arabia, which is the biggest low cost airline listed on the Dubai Financial Market for the Middle East and North Africa posted profits of Dh 454 million for the financial year ending December 31st, 2008.  Air Arabia said they posted a turnover of Dh 2 billion for the 2009 financial year, 4.5 percent lower than the Dh2.06 billion recorded in 2008.   

Nabil Farhat, Partner with Al Fajer Securities said Air Arabia’s profits were below their expectations of Dh 480 million, but given the increased competition and rising fuel costs, the carrier performed well.  Farhat noted “With the global economy set to emerge from recession in 2010 more people are going to travel and this should help improve the company’s revenue and profitability.”
 

More Airline
Big jump in international passengers for Saudi Airlines
flydubai will fly to Tashkent from 11 March 2019
New Istanbul airport starts operations
Latest Travel News
flydubai touches down in Ljubljana, Slov...
Four new hotels opening soon in Dubai...
flydubai celebrates ten years of flying ...
Featured Sights To See
Petersen Car Museum

Petersen Car Museum

Los Angeles, United States

Visitors can find some rare and exotic cars at this museum including a hand-made Bugatti. The Hollywood Gallery showcases the cars that were used in films as well as vehicles owned by famous people.    Address: 6060 Wilshire Drive (at Fairfax) Tel: (323) 930 2277/CARS. Website: www.petersen.org ...

Shakir Ali Museum

Shakir Ali Museum

Lahore, Pakistan

This museum was established in the memory of Shakir Ali, an art professor who taught at the prestigious National College of Art. Apart from his personal belongings which are on display, his paintings and drawings are also showcased in a gallery. In addition to his work, the art of other contemporary artists are also on display. A research library containing a wide collection of art books is locate...

Town Hall

Town Hall

Mumbai, India

Town Hall, located in the Fort area has been influenced by Greek and Roman architecture and is one of the heritage buildings of Mumbai. The massive pillared edifice with eight Doric pillars is impressive. A flight of 30 steps leads to the portico. The building has wooden floors, spiral staircases, wrought iron loggias and exquisite marble statues of late benefactors of the island city. It houses t...

Old East Gate

Old East Gate

Hanoi, Vietnam

Cua O Quan Chong, or the Old East Gate, is the only one of the original sixteen gates that provided access to the old city still standing. The Old East Gate is located within the Old Quarters of Hanoi; and dates back from the time when Hanoi was a medieval city. Address: Junction of Hang Chieu and Dao Duy Tu Street. ...