Air Arabia posts Dh1.75bn revenues in 2015

Air Arabia said its revenues reached during the first half 2015 Dh1.75 billion, a figure consistent with the revenues recorded in the same period of 2014, according the company's financial results for the first half ending in June.

While the company's revenues reached during the second quarter ended on June 30, 2015, Dh860 million, representing a decline of 6% compared to the same period of 2014.

The figures reflect the success of the carrier to register strong financial results and to continue the desired growth in the long term.

The company's revenues reached during the second quarter ended on June 30, 2015, Dh860 million, representing a decline of 6% compared to the same period of 2014.

The company transported 3.6 million passengers on board its aircraft during the first half of 2015, an increase of 9% compared to the same period in 2014. The number of passengers rose during the three months ended June 30, 2015, increasing by 4% to 1.8 million passengers.

The net profits of the company during the first half 2015, stood at Dh237 million, while net profits reached during the second quarter of the year ending on June 30, 2015, Dh152 million, representing a decline of 4% and 12% respectively compared to the same period of 2014.