ADA’s H1 net profit soars to AED109m

Abu Dhabi Aviation's profit rise
Abu Dhabi Aviation’s profit rise

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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