Report
EUR 236.14 For Business Accounts Only

Robust second quarter financial performance

Air Arabia’s Q2 2017 net profit rose by 21% to AED158m against AED131m in the same period last year. H1 2017 Net profit increased to AED247.8m, a 4% rise compared to the same period last year. Revenues increased to AED906m in Q2 2017 compared with AED894m in the same period last year. In the first six months of 2017, the revenues reached AED1.716bn, i.e. a decrease of 7%. Air Arabia ferried more than 2.05 million passengers in Q2 2017.
Underlying
Air Arabia

Provider
AlphaMena Corporate Services
AlphaMena Corporate Services

AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.

Analysts
Salma KHARBACHI

Other Reports on these Companies
Other Reports from AlphaMena Corporate Services

ResearchPool Subscriptions

Get the most out of your insights

Get in touch