The carrier reported a net profit of USD5.5 million in the first nine months of 2008, up 43.4% year-on-year, helped by a solid third quarter.

The expected result in 2008 would be a roughly 60% increase on 2007’s net profit of USD8.6 million. The airline will announce its 2008 financial results in Mar-09.



(c) Centre for Asia Pacific Aviation. Date posted: 10-Feb-09


These are extracts from the latest edition of The Monthly Essential Middle East