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 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.

Disclosure: BOD meeting

för 4 dagar sedan

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.

Disclosure: Results of BOD Meeting

för 2 månader sedan

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.

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

för 2 månader sedan

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.

Disclosure: BOD meeting

för 2 månader sedan

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.

Disclosure: BOD meeting

för 2 månader sedan

The Air Arabia Board of Directors held a meeting on Monday, August 12, 2024, at 3:00 PM. During this meeting, the board approved the financial statements for the second quarter of 2024. This information was disclosed earlier. Regards, Abdelrahman Bin Taliah Director of Corporate & Government Affairs

Disclosure: BOD meeting

för 5 månader sedan

Air Arabia reported a net profit of AED 427 million for the second quarter of 2024, which is a 7% decrease from AED 459 million in the same period in 2023. The airline achieved a turnover of AED 1.65 billion, a 19% increase compared to the second quarter of the previous year. Over 4.5 million passengers traveled with Air Arabia between April and June 2024, a 19% increase from the 3.8 million passengers in the same quarter of the previous year. The average seat load factor rose by 3% to 79%. The airline added 16 new routes in the first half of 2024, with turnover surpassing AED 3.19 billion. Sheikh Abdullah Bin Mohammad Al Thani, Chairman of Air Arabia, attributed the solid net profit to robust passenger demand and revenue growth.

Disclosure: Press release regarding financial results for the 2nd Quarter of 2024

för 5 månader sedan

Air Arabia has announced that a board of directors meeting will be held on Monday, August 12, 2024, at 3:00 PM. The meeting will focus on discussing the financial results for the second quarter of 2024.

Disclosure: BOD meeting

för 5 månader sedan

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DFM News

News Update From Air Arabia PJSC för ett år sedan

Disclosure: BoD Meeting Results

On 13th November 2023, the board of directors of Air Arabia held a meeting as previously disclosed. During this meeting, the board ratified the financial statements for the second quarter of 2023. The information was communicated by Abdelrahman Bin Taliah, the Director of Corporate and Government Affairs.

1. Attached Document 2. Attached Document 3. Attached Document

DFM News

News Update From Air Arabia PJSC för ett år sedan

Disclosure: BOD Meeting

Air Arabia has scheduled a board of directors meeting on November 13, 2023, at 3:00 pm. The meeting will focus on discussing the financial results of the third quarter of 2023. The communication is addressed to Dr. Maryam Al Suwaidi, CEO of the Emirates Securities and Commodities Authority (ESCA), and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market (DFM). The information is disclosed by Abdelrahman Bin Taliah, Director of Corporate & Government Affairs at Air Arabia.

1. Attached Document

FinanceMan

Commented on Air Arabia PJSCs för ett år sedan

Lets fly

FinanceMan

för ett år sedan

✈️✈️✈️

QueenOfCommunication

Commented on FinanceBroAEDs Transaction regarding Air Arabia PJSC för ett år sedan

Hey @FinanceBroAED, interesting choice with Air Arabia PJSC! Curious about your strategy given its performance in the Industrials sector. Any insights to share? #KeepingTabs