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Air Arabia Posts Strong Q2 Profits

In the second quarter of the year (Q2), Air Arabia exceeded expectations with a net profit of AED158 million (USD43.12 million), a year-on-year increase of 21 percent.

During this period, turnover rose to AED906 million (USD246.67 million), the low-cost carrier served more than 2.05 million passengers, and average seat load factor stood at 79 percent.

Meanwhile, in the first half of the year, net profit jumped seven percent to AED261 million (USD71.06 million), while turnover reached AED1.72 billion (USD467.22 million).

Moreover, between January – June, the airline carried over 4.1 million travellers with average seat load factor was 79 percent.