Tag Archives: Air Arabia

Air Arabia Jordan, the new venture formed from Sharjah-headquartered Air Arabia’s acquisition of a 49 percent stake in Petra Airlines, will commence operations from its Amman Queen Alia International Airport base on Monday 18 May 2015. The Jordan venture’s services will start with direct flights to four countries in the region, strenghtening the group’s connectivity between Jordan and the Levant, Middle ...

Sharjah Investment and Development Authority (Shurooq) and Air Arabia (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, have signed an MoU to promote Sharjah’s strategic projects and brands across the globe. The MoU, signed by Mr Adel A. Ali, Group Chief Executive Officer, Air Arabia, and HE Marwan bin Jassim Al Sarkal, CEO of Shurooq, ...

Sharjah-headquartered Air Arabia (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, has announced a net profit of AED 566 million (US$ 154m) for 2014, up 30 percent on its net profit for 2013. The airline’s turnover for 2014 increased by 17 percent to AED 3.7 billion (US$ 1b), driven by growth in passenger numbers. Air ...

Sharjah-headquartered budget carrier Air Arabia (AIRARABI:DFM) has announced plans to open a new international hub at Amman Queen Alia International Airport in Jordan following its acquisition of a 49 percent stake in Petra Airlines. Air Arabia, which is the first and largest low-cost carrier (LCC) in the Middle East and North Africa, already has hubs in Alexandria (Egypt), Casablanca (Morocco), ...

Air Arabia (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, has announced a record net profit of AED 498 million (US$ 136m) for the first nine months of 2014, increasing 46 percent compared with the same period last year. The company attributes this year’s success to the effectiveness of its business model and its hub ...

Sharjah International Airport passenger traffic registered a 16 percent increase in the third quarter of this year compared with the third quarter of 2013. Sharjah handled 2.4 million passengers during the same period, compared with 2 million passengers in Q3 2013, while, overall, 7.3 million passengers passed through the airport since the beginning of the year. 17,830 flights landed or took ...

Sharjah-headquartered Air Arabia (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, has been named in the World Economic Forum’s Global Growth Companies (GGCs) list for 2014. According to the World Economic Forum (WEF), GGCs are the world’s most dynamic, high-growth companies from around the world. This year’s GGC list includes 28 trailblazers, shapers and innovators ...

Air Arabia (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, has announced record AED 173 million (US$ 47m) net profit for the second quarter of 2014, an increase of 128 percent on last year’s second quarter net profit of AED 76 million (US$21m). Air Arabia’s second quarter turnover reached AED 915 million (US$ 249m), an increase ...