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English news

12-Jul-2016

Air Arabia launches new route to Batumi

Budget carrier Air Arabia (AIRA.DU) announced that it has launched flights to Batumi, the second largest city in Georgia, from its primary hub in Sharjah. The airline will operate two weekly flights. Air Arabia already operates daily flights to the Georgian capital of Tbilsi and is looking to expand its connectivity in the country. (Trade Arabia)   Air Arabia (DU): AED1.33 as of 11 July 2016, Rating: Buy, FV: AED2.10 per share, MCap: USD1,691mn, AIRARABI UH / AIRA.DU

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