Press releases, Reports & Disclosures for Air Arabia PJSC
Air Arabia reported a net profit of AED 415 million for the second quarter of 2025, a 3% decrease from the same period in 2024. The airline's turnover increased by 2% to AED 1.69 billion. During this period, Air Arabia carried over 5.1 million passengers, a 15% increase compared to the previous year, and achieved an average seat load factor of 85%, up by 6%. The airline expanded its network by adding 13 new routes in the first half of 2025 and carried over 10.1 million passengers. Despite challenges such as geopolitical tensions and regional conflicts, Air Arabia's performance was supported by strong passenger demand and business growth.
The board of directors of Air Arabia held a meeting on Wednesday, August 13, 2025, at 3:00 PM. During this meeting, the board approved the financial results for the second quarter of 2025.
Air Arabia PJSC has announced that its board of directors will meet on Wednesday, August 13th, at 3:00 PM. During this meeting, the board will discuss and approve the financial results for the second quarter of 2025.
A consortium consisting of Air Arabia, Nesma Group, and KUN Holding has won the bid from the General Authority of Civil Aviation (GACA) to establish a new national low-cost airline based at King Fahd International Airport in Dammam. The airline aims to improve air connectivity for the Eastern Province, support the Kingdom's aviation sector growth, and contribute to economic development and job creation. The consortium plans to operate 24 domestic and 57 international destinations with 45 aircraft by 2030, serving approximately 10 million passengers. This initiative aligns with Saudi Vision 2030 and seeks to enhance tourism infrastructure and stimulate the local economy.
Air Arabia PJSC and its subsidiaries have released their condensed consolidated interim financial statements for the three-month period ending on March 31, 2025. These financial statements are unaudited.
Air Arabia reported a strong financial performance for the first quarter of 2025, with a net profit of AED 355 million, marking a 34% increase from the previous year. The airline's turnover rose by 14% to AED 1.75 billion, and it carried 4.9 million passengers, an 11% increase compared to the same period in 2024. The average seat load factor remained steady at 84%. These results reflect the airline's continued network expansion and market leadership in the Middle East and North Africa region.
Air Arabia reported a net profit of AED 355 million for the first quarter of 2025, marking a 34% increase compared to the same period in 2024. The airline's turnover rose by 14% to AED 1.75 billion. Additionally, Air Arabia carried 4.9 million passengers, an 11% increase from the previous year's first quarter, with an average seat load factor of 84%.
The Board of Directors of Air Arabia held a meeting on Tuesday, May 13, 2025, at 3:00 PM. During this meeting, they approved the financial results for the first quarter of 2025.
Air Arabia has announced that its board of directors will meet on Tuesday, May 13, 2025, at 3:00 PM. The meeting will focus on discussing the financial results for the first quarter of 2025.