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
Abhisek Dusit Throne Hall

Abhisek Dusit Throne Hall

Bangkok, Thailand

This royal building was commissioned by King Chulalongkorn. The exterior and interior of this building is an amalgamation of Thai and Western architectural styles. This particular king was one of the first Thai Royals to travel to Europe which is where the inspiration probably came from.   As with the grand palace visitors are required to wear appropriate dress.   Timings: Daily...

Darling Harbor

Darling Harbor

Sydney, Australia

This gorgeous strip on the harbor is always buzzing and full of energy. The numerous restaurants, shops, and bars have caused it to become a tourist magnet. Yet, this does not imply this harbor is not enjoyable. On the contrary, it offers pleasant walks, tasty (and reasonably priced) dining venues with views to the harbor, and a booming nightlife that ranges from casual to posh. Transport: City...

Riverside Centre and Eagle Street Pier

Riverside Centre and Eagle Street Pier

Brisbane, Australia

These two commercial complexes are home to restaurants and shops. A good time to visit is Sunday when there is a craft market. There are ferry terminals at both ends. ...

Kuredu Island Resort

Kuredu Island Resort

Maldives, Maldives

Located on the beautiful island of Lhaviyani Atoll, Kuredu Island Resort is quite popular for its sea life, beautiful beaches and tropical plants. It is 80 miles north of the International Hulhule Airport. It has 300 rooms, tastefully decorated with bamboo furniture. There are five restaurants at the resort offering traditional Maldivian atmosphere, which is open walls and thatched roofs. The Gril...