Air Arabia registers net profit for first quarter of 2008
Chennai, May 12 Air Arabia, the first and largest low-cost carrier in the Middle East and North Africa, has registered a net profit of 78 million AED for the first quarter of 2008, an increase of 81 per cent compared to AED 43 million for the first quarter of 2007.
Affco Holdings Ltd today posted a net profit after tax of $60.194 million - a significant boost on last year's profit of just $1.2 million, and the previous year's $13.1m.