Air Arabia enjoys strong 2005

Air Arabia, the region's first no frills carrier, is set to report a small profit when it announces its 2005 results later this month.

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By  David Ingham Published  February 6, 2006

Air Arabia is set to report a small profit when it announces its 2005 results later this month. In a one on one interview, Adel Ali, the airline’s CEO, said that Air Arabia did better than expected in 2005 and is similarly upbeat about 2006. “We are particularly chuffed with 2005 and did much better than we had forecast; it was a profitable year,” he said. “For 2006, we have set fairly bullish targets and are looking to do better than 2005.” The Sharjah-based carrier, which operates a ‘no frills’ model, sold 23% of its tickets online in 2005 and another 30% through its call centre. This, coupled with the fact that Air Arabia does not issue tickets, helped it achieve a cost per sale of around 5%, according to Ali. Future plans for the airline include twice daily flights on Gulf routes and the opening of new destinations in India and Pakistan.

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