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Air Arabia PJSC expects Egypt and Morocco to drive growth this year after the low-cost carrier posted its biggest profit on record.<br/><br/> The shares rose as much as 2.3 per cent in Dubai and were headed for their highest close in a year. The
Air Arabia (PJSC) today announced full-year financial results for 2017 as the Middle East and North Africa's first and largest low cost carrier once again delivered high levels of profitability and growth across the breadth of its operations.<br/><br/>
Sharjah-based budget carrier Air Arabia said it has once again delivered high levels of profitability and growth across the breadth of its operations for 2017 clocking a net profit of Dh662 million ($180.2 million), up 30 per cent over Dh509 million
Air Arabia, the Middle East and North Africa's first and largest low-cost carrier (LCC), has announced the launch of its inaugural flight to Moscow's Sheremetyevo International Airport, adding a second route for travel to the Russian capital.<br/><br/>
Ticker | Price | Volume |
---|---|---|
NADEC | 27.30 | 1,369,614 |
ARDCO | 29.25 | 233,374 |
ARTEX | 16.62 | 316,550 |
DU | 6.55 | 441,215 |
A.OTHAIMMARKET | 11.90 | 545,416 |
HERFYFOODS | 26.10 | 412,306 |
MIS | 183.20 | 17,353 |