Air Arabia reports AED71 million net profit in Q1

SHARJAH, Air Arabia today reported a net profit of AED71 million during January to March 2020 despite COVID-19 impact on the carrier’s first quarter financial and operational performance. The net profit was a 45 percent less than the corresponding 2019 figure of AED128 million. The turnover was AED 901 million, a 12 percent less than … Read more