Air Arabia records record net profit in Q2 2019

Air Arabia registered a record net profit of AED 210 million (approximately $56 million) during its second quarter 2019 financial results. The period, ending June 30, saw its net profit increase by 75% compared to the AED 120 million reported for the same period last year. The company’s turnover for the second quarter of 2019 increased by 22% to AED 1.144 billion, compared to AED 938 million in the corresponding period last year. The airline has said that the strong second-quarter financial results were backed by solid growth in passenger demand with Air Arabia serving over 3 million passengers from