Air Arabia profit edges up in second quarter

Air Arabia has overcome a regional travel downturn and “tumultuous” market conditions to post a profit for the three months to 30-Jun-2011 of AED51 million (USD13.9 million), a modest increase of 2% over the same period in 2011. [664 words]

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This report contains the following subheadings:

• Outlook confident as regional travel picks up
• Still no progress of Jordanian JV