Sharjah: Air Arabia has announced a net profit of Dh472 million for the first nine months of 2015, 5 per cent lower than the corresponding period of last year.
The airline’s turnover reached Dh2.87 billion for the nine months ending September 30, 2015, an increase of 2 per cent on the corresponding 2014 figure. Passenger numbers increased by 11 per cent year-on-year in the first nine months of 2015 reaching 5.7 million passengers. The average seat load factor – or passengers carried as a percentage of available seats – for the period stood at an impressive 79 per cent.
“Air Arabia continues to deliver strong profits and solid business growth while serving ever-increasing numbers of passengers. The Company continued its expansion mode throughout 2015 and we have launched 21 new routes this year, in addition to a multiple award-winning products and services, said Shaikh Abdullah Bin Mohammad Al Thani, Chairman of Air Arabia.
Air Arabia global destination network has reached 115 routes and 21 new routes added to Air Arabia’s network in the first nine months of 2015, as the airline continued to implement its expansion strategy, including the opening of a fifth international hub in Jordan earlier this year.
