7.25% dividend approved at Air Arabia AGM

Following the conclusion of its Annual General Meeting (AGM), Air Arabia announced that the assembly had approved the distribution of a 7.25 per cent cash dividend for the year 2013, equivalent to 7.25 fils per share.

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Published: Mon 17 Mar 2014, 9:40 AM

Last updated: Fri 3 Apr 2015, 7:16 PM

During the AGM, the assembly approved the report of the company’s auditors for the financial year ending December 31, 2013, as well as the balance sheet and profit and loss accounts for the same period. The assembly also discharged the directors and auditors of the company from liability for the financial year ending December 31, 2013, and appointed auditors for the company for the next fiscal year in order to fix their remuneration.

Shaikh Abdullah bin Mohammad Al Thani, chairman of Air Arabia, said: “We are very pleased to be able to share our success in 2013, our tenth year of operations, with our shareholders. Our ability to deliver growth year after year stems from a highly customer-centric business model, exceptionally efficient operating systems, and a truly world class team of aviation professionals.”


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