AIR ARABIA REPORTS ANOTHER SIX MONTHS OF PROFIT AND CONSISTENT GROWTH
Air Arabia continues to prove it is one of the Middle East’s most consistently profitable airlines.
While other carriers in the region have suffered through the vagaries of the regional economic climate and the various social and political disruptions, the carrier has continued to report solid results, despite the external shocks buffeting it and mounting competition in the market space it pioneered in the Middle East.
With its low-cost operation, solidly installed passenger base and nimbleness in exploring new routes and reallocating capacity, the carrier soldiered through the high oil prices and Arab Spring period with comparative impunity.
Although the regional political climate is far from settled, economic conditions are improving and the carrier is now looking to capitalise on renewed traffic in the Middle East.
21/08/2012 : Centre For Aviation (CAPA)
No comments:
Post a Comment