Finance

Air Arabia posts $46 million H1 loss 

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Air Arabia posts $46 million H1 loss 

UAE-based LCC Air Arabia (PJSC) has made a H1 loss of AED 169 million ($46 million) due to the ongoing impact of COVID 19. The company’s turnover for the first six months of 2020 registered AED 1.021 billion, a drop of 53% compared to AED 2.173 billion in the corresponding period last year. Air Ar...

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