Air Arabia has announced a net profit of Dh115 million ($31.31 million) for the six months ending June 30, 2007, a 342 per cent increase compared to Dh26 million for the same period last year.
During the first half of 2007, the company registered a turnover of Dh513 million, up 67 per cent from Dh307 million for the first half of 2006. The airline served 1.23 million passengers, a 57.9 per cent increase compared to the same period last year.