ADA’s H1 net profit soars to AED109m
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Abu Dhabi Aviation recently reported over AED109 million of net profit during the first half (H1) of 2014.
This resulted in a 16% increase over the AED94.4 m from the same period last year. The company also reported total revenues of AED734.4 m — a six percent drop from the AED782.3 m during the first half of 2013.
The decline in revenue was related to Maximus whose main revenue-generating aircraft was down for check for most of H1 2014.
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