DUBAI, Nov 10 (Reuters) - Center East finances service Air Arabia AIRA.DU on Tuesday reported a thi
DUBAI, Nov 10 (Reuters) – Center East finances service Air Arabia AIRA.DU on Tuesday reported a third-quarter loss and mentioned it was in a robust place to climate the affect of the coronavirus disaster.
The United Arab Emirates-listed airline misplaced 44.1 million dirham ($12 million) within the July – September interval, in contrast with a 471.Three million dirham revenue in the identical interval final 12 months.
Passenger visitors fell 80% within the quarter to 665,456, whereas income fell by 80% to 294 million dirhams.
Air Arabia resumed a restricted variety of scheduled flights within the quarter after principally working repatriation, constitution, and cargo within the second quarter because of the pandemic.
The airline operates from bases within the UAE, Egypt and Morocco.
($1 = 3.6728 UAE dirham)
(Reporting by Alexander Cornwell. Modifying by Jane Merriman)
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