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Air Arabia posts nine months net profit of AED 498 million, up 46%

Air Arabia posts nine months net profit of AED 498 million, up 46%

New Delhi, Nov 11 (IBNS): Low-cost carrier (LCC) in the Middle East and North Africa Air Arabia on Tuesday announced its financial results for the first nine months ending September 30, 2014, as the success of the company’s hub and network expansion strategy continued to be reflected in strong performance figures.