Air Arabia says approves 10% dividend for 2017 - The National:
"Sharjah-based low-cost carrier Air Arabia approved the distribution of a 10 per cent cash dividend to shareholders for the financial year ended December 31 2017, as proposed in the company’s financial results published in February. The dividend, equivalent to 10 fils per share, reflects a solid financial performance in 2017, the airline said in a statement following its annual general meeting in Sharjah on Tuesday. “Air Arabia has enjoyed consistent and sustained growth in 2017 driven by its network expansion strategy and cost control measures helping us to once again deliver a strong set of results,” said Sheikh Abdullah Al Thani, chairman of Air Arabia."
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