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 will fly to Tashkent from 11 Ma...
ATM Dubai to launch Holiday Shopper on 2...
Agoda partners with Saudi Ministry of ...
Featured Sights To See
Plaza Altamira

Plaza Altamira

Caracas, Venezuela

Also called the Plaza Francia, this is a large public square that is immensely popular with locals of all ages during summer evenings and winter afternoons. The plaza features a majestic obelisk and a refreshing water fountain, two prominent features that make it stand out as more of a photo op than any other public square in Caracas. It also contains a number of stalls offering foodstuff, ...

Gremp'sches Haus

Gremp'sches Haus

Frankfurt, Germany

This Renaissance house dates back to 1582, when it was the home of the Gremp von Freudenstein noble family. A country house was also added to the park in 1829. Be sure to visit this landmark for a get a feel for Frankfurt’s history. Address: Gremp House    Grempstraße 36    Bockenheim    Frankfurt, HES 60487 Tel: +49 69 2123 8800  ...

Parque da Cidade & Museu Historico da Cidade

Parque da Cidade & Museu Historico da Cidade

Rio de Janeiro, Brazil

Opening Time: 7am-6pm Admission: Free City History Museum Location: Estrada da Santa Marinha 505, Gavea Tel: 2512 2353 Opening Times: 10am-4pm, Tuesday to Sunday Admission: US$2 Found within Parque da Cicade, this former 19th century mansion now houses a museum which had exhibits of Rio from founding in 1565 up to the mid-20th century. Displays of furniture, photographs an...

Chateau Ramezay Museum

Chateau Ramezay Museum

Montreal, Canada

The Château Ramezay Museum is contained in a historic chateau in Old Montreal.  The building was built in 1705 and served as the residence of the governor of Montreal (Claude de Ramezay).  During the American Revolutionary War, it briefly served as the Canadian headquarters of the Continental Army during the invasion of Canada.  Afterwards it once again became the governor’s residen...