Airline

Air Arabia Profit Declines To Dh452mm

Air Arabia announced that its net profits for financial year ending December 31st, 2010 fell only slightly to Dh 452 million, despite the difficult financial times for the global aviation industry. Air Arabia, which is the biggest low cost airline listed on the Dubai Financial Market for the Middle East and North Africa posted profits of Dh 454 million for the financial year ending December 31st, 2008.  Air Arabia said they posted a turnover of Dh 2 billion for the 2009 financial year, 4.5 percent lower than the Dh2.06 billion recorded in 2008.   

Nabil Farhat, Partner with Al Fajer Securities said Air Arabia’s profits were below their expectations of Dh 480 million, but given the increased competition and rising fuel costs, the carrier performed well.  Farhat noted “With the global economy set to emerge from recession in 2010 more people are going to travel and this should help improve the company’s revenue and profitability.”
 

More Airline
Big jump in international passengers for Saudi Airlines
flydubai will fly to Tashkent from 11 March 2019
New Istanbul airport starts operations
Latest Travel News
Jazeera Airways launches flights to Kara...
Emirates expecting over 500,000 arrivals...
Kazakhstan's new tourist attraction - fa...
Featured Sights To See
Sports Stadium

Sports Stadium

Tunis, Tunisia

An ideal location for practice and stretching out, the stadium is crowded during local matches and is also a site for concerts and other events. Location: La Marsa, Carthago ...

Bei Hai Park

Bei Hai Park

Beijing, China

Beihai is Chinese for “northern sea” and the park is named for the manmade lake that covers most of its 170 acres.  It is more than a thousand years old, dating back to the Liao Dynasty in the tenth century.  Successive dynasties modified and renovated it into the park we see today.  It was part of the Forbidden City until 1925, when the last emperor abdicated.  The park has been open to the publi...

Binh Thay Market

Binh Thay Market

Ho Chi Minh City, Vietnam

This market is bustling with people from morning to night. It is always crammed with people and is one of the best places to see the locals in their daily routines. Consumer items are plentiful, along with medicines, spices, produce and poultry, and the sound of bargaining in Chinese fills the air. Location: Binh Thay Market              Phan Van Khoe St...

Peterskirche(Church of St. Peter)

Peterskirche(Church of St. Peter)

Munich, Germany

This is Munich's oldest church, built in 1180. The church also has a tall steeple that you can climb. Timings: Mon-Sat 9.00 -18.00 Sun 10.00 - 19.00 Admission: Church free Tower € 2.50 adults, € 1.50 students, € 0.50 children Tel: 089-2604828 Address: Rindermarkt 1, Near the Rathaus  ...