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Air Arabia

Sri Lanka’s Chinese-financed white elephant airport leased to Indian-Russian joint venture

by Walter Watson
Sri Lanka’s Chinese-financed white elephant airport leased to Indian-Russian joint venture

Sri Lanka said on Friday it had leased a white elephant international airport built with Chinese loans to a foreign joint venture, as the island nation’s bankrupt government seeks to …

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UAE’s Air Arabia record 2nd quarter net profit of Dhs459 million

by Ron Morgan
UAE’s Air Arabia record 2nd quarter net profit of Dhs459 million

Abu Dhabi: Air Arabia (PJSC), the Middle East & North Africa’s prominent low-cost carrier operator, today reported record second quarter and first half of 2023 financial and operational results, as …

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