Budget carrier Air Arabia (AIRA.DU) announced that it will expand its international route network to Baku, the capital of Azerbaijan, following a joint cooperation between Air Arabia, Azerbajian Airlines and local authorities. The airline will operate four weekly flights to Baku from its Sharjah International Airport hub starting 23 March 2017. (Trade Arabia) Air Arabia (DU): AED1.31 as of 23 October, Rating: Buy, FV: AED2.10 per share, MCap: USD1,666mn, AIRARABI UH / AIRA.DU
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