Air Arabia, Mena’s largest low-cost carrier, has been named among the World Economic Forum’s Global Growth Companies (GGCs) for 2014.

The airline joins 27 other GGCs across Europe, Eurasia and the Middle East, representing a broad cross-section of industry sectors.

The company was selected for exceeding industry standards in revenue growth, promoting innovative business practices and leadership in corporate citizenship.

Adel Ali, group chief executive officer, said: “With this distinction, Air Arabia joins an elite group of fast-growing industry leaders. We have always been considered an innovator and pathbreaker in the field of aviation, and it is gratifying to be recognised for our efforts and contribution to the Mena economy. Being a part of the World Economic Forum GGC community provides us an opportunity to leverage our expertise and create meaningful partnerships with industry peers. With a firm focus on sustained and long-term growth, we remain committed to extending our value-for-money philosophy to more destinations and more passengers in the future.”

Currently, GGCs come from more than 65 countries, and are distinguished by their potential to become a leader in the global economy owing to their business models, growth records, leadership and the markets they serve. – TradeArabia News Service