Air Arabia bags 'Low-Cost Airline of the Year' honour

Thursday, 17 December 2020 13:31

Air Arabia has bagged the ‘Low-Cost Airline of the Year’ award at the 14th Aviation Business Awards (AVB) ceremony held in Dubai.

The airline has won the recognition for its innovation, financial performance and ambitious growth plans.

“Winning the Low-Cost Airline of the Year award in arguably the most challenging year for the aviation industry reiterates the hard work done by the team this year and is a testament to the strength of the low-cost business model in the region,” said Adel Al Ali, Group Chief Executive Officer of Air Arabia.

More from Business News

UK's Jaguar Land Rover to halt US shipments over tariffs

Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, it said on Saturday, as it considers how to mitigate the cost of President Donald Trump's 25% tariff.
US starts collecting Trump's new 10% tariff

U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.
Nasdaq set to confirm bear market as Trump tariffs trigger recession fears

The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.
Dana Gas and Crescent Petroleum exceed 500M boe in Khor Mor field

UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).