Dubai: Air Arabia, the UAE’s only listed airline, has ranked number three on Airfinance journal’s list of top 50 global airlines.
The Sharjah-headquartered low cost carrier was the highest ranked Middle Eastern carrier on the list with Emirates ranking 37th and Qatar Airways ranking 41.
The list is an evaluation of the performance of 137 airlines “based on a set of “operational and financial parameters, including Total Revenue, Net Income, Passenger Yield, Liquidity, and Leverage,” according to an Air Arabia statement on Sunday.
