Air Arabia’s second quarter profit rose 2% to $13.8 million

Air Arabia’s (airarabia.com) (Sharjah) net profit for the three months ending on June 30, 2011, rose to AED 51 million ($13.8 million), an increase of 2 percent compared to AED 50 million in the corresponding period in 2010.

The airline served 1,161,944 passengers in the second quarter of 2011, an increase of five percent compared to 1,108,310 passengers in the same period last year. In the three months ending on June 30, 2011, Air Arabia’s average seat load factor – or passengers carried as a percentage of available seats – maintained its impressive rate and stood at 82.5 percent.

Air Arabia operates from three main bases in Sharjah International Airport, United Arab Emirates; Mohamed V International Airport in Casablanca, Morocco and Alexandria airport in Egypt.

Copyright Photo: Paul Denton. Please click on the photo for additional information.

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