Dubai: Air Arabia, the UAE’s only listed airline, said on Sunday its board will meet on May 10 to discuss first quarter results.

The board will also decide on the other managerial decisions, it said in a statement posted on the Dubai Financial Market’s website.

The airline posted a 30 per cent increase in net profit to Dh566 million for the full year ending December 31.

Meanwhile, on Sunday Air Arabia launched its inaugural flight to Multan, Pakistan’s fifth largest city and home to more than three million people.