Air Arabia, the Sharjah-based low cost carrier also announced an almost fifteen percent drop in passenger numbers compared to Q1 2019. The average seat load factor for the airline (passengers carried as a percentage of available seats) during the first months of this year, maintained its high average and stood at 83 percent.
Air Arabia revealed a net profit of AED71 million ($17.3m) for the first quarter of this year, which is down 45 percent from the same period last year, amid the coronavirus pandemic and tough movement restrictions.
