São Paulo – Air Arabia, a low-cost airline based in Sharjah, United Arab Emirates, posted US$ 817.17 million in revenues last year, up 14% from 2012. The results were released this Monday (17th) in a press release.
Last year, over 6.1 million passengers flew with Air Arabia, up 15% from 5.3 million in 2012. The company’s 2013 occupancy rate was 80%.
In quarter four, 2013, the company posted US$ 220.78 million in revenues, up 8% from Q4 2012. Q4 net income was US$ 25.59 million, up 12% from Q4 2012.
*Translated by Gabriel Pomerancblum
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