Air Arabia (PJSC)

• First half revenues reach AED 1.816 billion, up 6 per cent compared to same period last year. 

• 12 new routes added to global network and 3 new aircraft joined the fleet in first half of 2018. 

Takes total A320 dedicated fleet strength to 53 as it explores new geographies

Air Arabia PJSC today reported strong financial results for the first quarter of 2018 as the Middle East’s first and largest low cost carrier continued to deliver solid commercial and operational results.

• Airline BoD’s proposes a cash dividend distribution of 10 fils per share
• Fourth quarter net profit increased 177% and 21 new routes added to the airline group network

• Turnover reaches AED 827 million, up 14.5 per cent
• Passenger traffic increases 12 per cent

Sharjah, UAE; May 12, 2014: Air Arabia (PJSC), the first and largest low-cost carrier (LCC) in the Middle East and North Africa, announced today its financial results for the three months ending March 31, 2014, reflecting the airline’s solid financials, strong business model and broad customer base.