Air Arabia PJSC

Logotype for Air Arabia PJSC
Ticker/ISIN
AIRARABIA
AEA003001012
Market/Country
Dubai Financial Market
United Arab Emirates

About Air Arabia PJSC

Country of Origin: United Arab Emirates

Air Arabia P.J.S.C. (Air Arabia) – Sharjah (the “Company”) was incorporated on June 19, 2007 as a Public Joint Stock Company in accordance with UAE Federal Law No. 8 of 1984 (as amended). The Company operates in the United Arab Emirates under a trade license issued by the Economic Development Department of the Government of Sharjah and Air Operator's Certificate Number AC 2 issued by the General Civil Aviation Authority, United Arab Emirates. The “Group” comprises Air Arabia P.J.S.C. (Air Arabia) and its Subsidiaries.

The Company’s ordinary shares are listed on the Dubai Financial Market, United Arab Emirates.

The licensed activities of the Company and its subsidiaries (together referred to as the “Group”) are international commercial air transportation, aircraft trading, aircraft rental, aircraft rent, aircraft spare parts trading, travel and tourist agencies, hotels, hotel apartment rentals, airline companies representative office, passengers transport, cargo services, air cargo agents, documents transfer services, telecommunications devices trading, aviation training and aircraft repairs and maintenance

Latest Pressrelease Summaries from Air Arabia PJSC

Air Arabia has announced that a board of directors meeting will be held on Friday, February 14, 2025, at 1:30 PM. The meeting will focus on discussing the financial statements for the year 2024.
The Air Arabia Board of Directors held a meeting on Monday, January 13, 2025, at 3:00 PM, as previously disclosed. During the meeting, the board approved the proposed budget for 2025.
The Air Arabia Board of Directors held a meeting on Monday, January 13, 2025, at 3:00 PM, as previously announced. During this meeting, the board approved the proposed budget for 2025.
Air Arabia has announced that a board of directors meeting is scheduled for Monday, January 13, 2025, at 3:00 PM. The meeting will focus on discussing the company's budget for the year 2025.
The Board of Directors of Air Arabia held a meeting on Monday, November 11, 2024, at 12:00 pm. During the meeting, the board approved the financial statements for the third quarter of 2024.
Air Arabia, the largest low-cost carrier in the Middle East and North Africa, reported a record net profit of AED 564 million for the third quarter of 2024, an 8% increase from the same period in 2023. The company's revenue for the first nine months of 2024 rose by 12%, surpassing AED 4.98 billion, with a 13% increase in passenger numbers and the launch of 22 new routes. In the third quarter, Air Arabia's revenue reached AED 1.78 billion, a 10% increase from the previous year, and over 5.1 million passengers were carried, marking an 8% rise. The seat load factor improved by 2% to 81%, indicating strong demand for the airline's services. Despite geopolitical and economic challenges, Air Arabia's performance highlights the resilience of its business model.
Air Arabia has announced that a board of directors meeting will be held on Monday, November 11, 2024, at 12:00 pm. The meeting will focus on discussing the financial results for the third quarter of 2024.
Air Arabia has announced that a board of directors meeting will take place on Monday, November 11, 2024, at 12:00 pm. The meeting will focus on discussing the financial results for the third quarter of 2024.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Air Arabia PJSC

Disclosure: BOD meeting

Air Arabia has announced that a board of directors meeting will be held on Friday, February 14, 2025, at 1:30 PM. The meeting will focus on discussing the financial statements for the year 2024.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Air Arabia PJSC

Disclosure: BOD meeting

The Air Arabia Board of Directors held a meeting on Monday, January 13, 2025, at 3:00 PM, as previously disclosed. During the meeting, the board approved the proposed budget for 2025.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Air Arabia PJSC

Disclosure: Results of BOD Meeting

The Air Arabia Board of Directors held a meeting on Monday, January 13, 2025, at 3:00 PM, as previously announced. During this meeting, the board approved the proposed budget for 2025.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Air Arabia PJSC

Disclosure: BOD meeting

Air Arabia has announced that a board of directors meeting is scheduled for Monday, January 13, 2025, at 3:00 PM. The meeting will focus on discussing the company's budget for the year 2025.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Air Arabia PJSC

Disclosure: Results of BOD Meeting

The Board of Directors of Air Arabia held a meeting on Monday, November 11, 2024, at 12:00 pm. During the meeting, the board approved the financial statements for the third quarter of 2024.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Air Arabia PJSC

Disclosure: Financial statements for the 3rd QTR of 2024

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Air Arabia PJSC

Disclosure: Press release regarding financial results for the 3rd QTR of 2024

Air Arabia, the largest low-cost carrier in the Middle East and North Africa, reported a record net profit of AED 564 million for the third quarter of 2024, an 8% increase from the same period in 2023. The company's revenue for the first nine months of 2024 rose by 12%, surpassing AED 4.98 billion, with a 13% increase in passenger numbers and the launch of 22 new routes. In the third quarter, Air Arabia's revenue reached AED 1.78 billion, a 10% increase from the previous year, and over 5.1 million passengers were carried, marking an 8% rise. The seat load factor improved by 2% to 81%, indicating strong demand for the airline's services. Despite geopolitical and economic challenges, Air Arabia's performance highlights the resilience of its business model.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Air Arabia PJSC

Disclosure: BOD meeting

Air Arabia has announced that a board of directors meeting will be held on Monday, November 11, 2024, at 12:00 pm. The meeting will focus on discussing the financial results for the third quarter of 2024.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Air Arabia PJSC

Disclosure: BOD meeting

Air Arabia has announced that a board of directors meeting will take place on Monday, November 11, 2024, at 12:00 pm. The meeting will focus on discussing the financial results for the third quarter of 2024.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Air Arabia PJSC

Disclosure: Financial statements for the 2n QTR of 2024

1. Attached Document

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