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Sharjah / WAM
Air Arabia, the Sharjah-based low cost carrier, has been ranked number three on Airfinance journal’s list of top 50 global airlines. The list includes an evaluation of the performance of 137 airlines, based on a set of “operational and financial parameters, including Total Revenue, Net Income, Passenger Yield, Liquidity, and Leverage,†according to an Air Arabia statement on Sunday.