Report
EUR 236.14 For Business Accounts Only

Strong figures!

Air Arabia registered a Q3 2017 net profit of AED376m, an increase of 27% compared to the AED297m reported for the same period last year. The company’s turnover for the third quarter of 2017 increased by 4% to AED1.16bn, compared to AED1.12bn in the corresponding period last year. Air Arabia served over 2.33 million passengers in the third quarter of 2017, an increase of 3% compared to the same period of last year, while the average seat load factor for the same quarter stood at an impressive 81%.
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

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