Airline
Air Arabia announces second quarter 2010 net profit of AED 50 million:
Air Arabia announced its financial results for the three months ending June 30, 2010, demonstrating continued profitability during a period characterized by lower yields among airlines worldwide.
Air Arabia’s net profit for the three months ending June 30, 2010, stood at AED 50 million. In the second quarter of this year, Air Arabia posted a turnover of AED 485 million, an increase of 6 per cent compared to AED 458 million in the same period of 2009.
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