Tag : fleet expansion

Business

Air Arabia Q1 profit slips as regional disruption bites

basrahdaily.com
Air Arabia posted AED 278 million in Q1 2026 net profit as regional airspace disruption cut capacity, while revenue rose to AED 1.8 billion....
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ADNOC L&S acquires 20 offshore assets in growth strategy

basrahdaily.com
ADNOC L&S expanded its offshore operations in 2024, acquiring 20 assets, securing 19 JUB contracts, and boosting revenues 51% to $1.67 billion, marking robust regional...
Business

DAE reports $310.8 million net profit for January to September 2024

basrahdaily.com
Dubai Aerospace Enterprise reported $310.8 million net profit for Jan–Sep 2024, a 55% increase year-over-year, supported by strategic aircraft acquisitions and rising revenue....