Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier, has been ranked as the world’s second best performing airline in a study by Aviation Week, the leading global aviation magazine. The Top-Performing Airlines (TPA) study ranks the top 10 performing airlines worldwide, based on five different performance categories, including financial and operational performance. Air Arabia, the only Middle East airline to claim a spot in the TPA study, demonstrated sustained profitability and solid growth margins in 2011, placing it at number two among all airlines worldwide. In each of the past years, the airline has advanced its ranking in the TPA rankings. “To be ranked second among all airlines worldwide for the level of our performance, it’s a remarkable achievement and a source of great pride for everyone at Air Arabia,” said, Adel Ali, group chief executive officer, Air Arabia. From khaleejtimes