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19 April 04:30 PM

Air Arabia PJSC (AIRARABIA)

Last update: 17 April 02:56 PM market time.
5.40
0.11
2.08%
Open 5.30
Previous Close 5.29
High 5.40
Low 5.23
Stock Statistics
Volume 12,205,046
Turnover 65,327,818.60
All data are 15 minutes late during market session

News

Air Arabia Egypt launches new Sohag-Jeddah route
19 March 2018 04:25 PM Air Arabia Egypt launches new Sohag-Jeddah route
Cairo - Mubasher: Air Arabia Egypt has expanded its routes and launched a new destination to Jeddah’s King Abdulaziz International Airport (KAIA) from Sohag International Airport. Marking the seventh route announced by the company in 2018, the new …
Companies Investments
The Aviation District in Dubai South is taking shape as the new hub for the industry
14 March 2018 00:02 PM GE Aviation launches repair centre in Dubai South
Dubai – Mubasher: General Electric Aviation (GE Aviation) has inaugurated the Aviation District Aerospace Supply Chain Facility, which is located in Dubai South. Spanned an area of 1,500 square meters, the On Wing Support Center can undertake the …
Companies Investments
The approved dividends account for 10% of the carrier’s capital
13 March 2018 06:01 PM Air Arabia’s shareholders OK AED 467m dividends
Dubai – Mubasher: Air Arabia’s ordinary general meeting (OGM) approved the distribution of AED 467 million in cash dividends, according to a bourse statement released on Tuesday. The approved dividends account for 10% of the carrier’s capital, the …
Cash Dividends
Flydubai’s number of passengers went up 5.5% year-on-year
26 February 2018 01:52 PM Flydubai, Air Arabia record AED 7.5bn revenue in 12M
Dubai – Mubasher: Dubai-based airline flydubai and Air Arabia registered AED 915 million in ancillary revenues during 2017, while both UAE-based carriers recorded around AED 7.5 billion in revenue, according to Al Khaleej newspaper. Flydubai’s …
Financial Results
Air Arabia was keen on adding fresh destinations to its flights
13 February 2018 00:27 PM Air Arabia’s 2017 net profit marks 5-yr high
By: Mahmoud Gamal Dubai – Mubasher: Air Arabia posted a 30% increase in net profit during 2017 after two successive years of declining, registering AED 630.3 million, its biggest profit in five years, compared to AED 490.4 million a year earlier. …
Financial Results
About 14.61 million of Air Arabia’s shares were traded
12 February 2018 11:29 AM Air Arabia’s stock hits year-high Monday
Dubai – Mubasher: Air Arabia’s stock surged 2.31% to AED 1.33 by 12 pm UAE time on Monday on the Dubai Financial Market (DFM). About 14.61 million of Air Arabia’s shares were traded, with a turnover of AED 19.35 million through 156 transactions. …
Trading Activities
The company’s revenue surged 5.4% in Q4-17
11 February 2018 06:53 PM Air Arabia reports AED 26m net profit Q4
Dubai – Mubasher: Air Arabia on Sunday posts an AED 26 million in net profit during the fourth quarter of 2017, according to a statement to the Dubai Financial Market (DFM). The company’s revenue surged 5.4% to AED 858 million in Q4-17 versus …
Financial Results
Air Arabia will see good results in Q4-17
22 January 2018 05:55 PM Oil prices pose challenge to UAE’ transport sector
By: Mahmoud Gamal Dubai – Mubasher: The transportation companies’ revenues may be affected by oil prices, which hit $70 per barrel (pb), analysts told Mubasher. These companies’ disclosures are likely to report varied results in the fourth quarter …
Sector Reports
Emirates secured AED 16.5 billion in loans
21 January 2018 04:40 PM UAE carriers receive AED 26.2bn in loans
Dubai – Mubasher: The total loans granted to national carriers in 2017 reached around AED 26.24 billion, Safwan Kuzbari, Novus Aviation Capital’s president and CEO stated on Sunday. The total amount of loans secured by Emirates, Etihad Airways, …
Sector Reports
The Arab air transport market grew by 9.9% in the past year
20 December 2017 04:04 PM ME passenger numbers likely to grow 7% in 2018
Mubasher: The number of Middle East passengers is expected to increase by 7% in 2018, Arabian Travel Market’s recent report said, according to the International Air Transport Association. This increase is projected “despite a strong headwind of …
Sector Reports
14 November 2017 00:42 AM Dubai Airshow 2nd day deals total AED14bn
Dubai - Mubasher: The total value of transactions in the first and second days of the Dubai Airshow 2017 amounted to AED 84.8 billion ($23.1 billion). Records show that the second day saw deals worth AED 14 billion ($3.8 billion), while the deals …
Event
Air Arabia inks AED 2.8bn financial leasing deal
13 November 2017 05:40 PM Air Arabia inks AED 2.8bn financial leasing deal
Dubai - Mubasher: Air Arabia on Monday signed a financial leasing agreement with Air Lease Corporation (ALC) for six A321neo Long Range (LR) aircraft from Airbus. Under the AED 2.796 billion deal, the new airplanes will come on stream by the …
Company News
Air Arabia’s stock hits highest level since February early Monday
16 October 2017 10:26 AM Air Arabia’s stock hits highest level since February early Monday
Dubai – Mubasher: The stock of Air Arabiaedged up 0.8% to reach AED 1.24 after 6.96 million shares were exchanged, with a liquidity of AED 8.61 million on Monday by 11 am UAE time, registering its highest level since 8 February. In the meantime, …
Trading Activities
In the meantime, the DFM’s main index added 0.3% or 10.36 points to 3,556.34 points
2 October 2017 11:44 AM Air Arabia tops DFM gainers, hits 4M high
Dubai – Mubasher: Air Arabia’s stock topped the Dubai Financial Market’s (DFM) risers on Monday, reaching its highest level in four months. Air Arabia gained 2.6% to AED 1.17, by 11:40 am UAE time, its highest gain since 30 May 2017. The stock’s …
Market News
Meanwhile, the trading volume of the two stocks was a combined 7.59 million shares, making up 28% of the market’s 27.66 million traded shares
1 October 2017 10:48 AM Air Arabia, Emaar top DFM turnover early Sunday
Dubai – Mubasher: Air Arabia and Emaar Properties on Sunday acquired 51% of the Dubai Financial Market’s (DFM) trading value of by 11:16 am UAE time.  Air Arabia and Emaar Properties generated AED 8.10 million and AED 4.99 million, respectively, …
Macroeconomics
Air Arabia is expected to record a consecutive notable performance in the summer until Q3-17
8 August 2017 05:03 PM Air Arabia to continue thriving by end-2017 - CEO
Dubai – Mubasher: Air Arabia is expected to record a consecutive notable performance in the summer until the third quarter of the current year, the company's CEO Adel Ali told Al Arabiya TV channel. Ali affirmed that the firm’s growth rate will be …
Companies Investments
Air Arabia reported profits of AED 158 million in Q2-17, up 21% from AED 131 million in Q2-16
8 August 2017 11:57 AM Air Arabia stock up 6% in Tuesday’s mid-trade
By: Mahmoud Gamal Dubai – Mubasher: Air Arabia’s stock rose in Tuesday’s mid-session, following the announcement of the company's first-half financials. The stock rose 6.5% to AED 1.15 - its highest level in six months. The stock generated AED …
Trading Activities
Revenues rose to AED 906 million in Q2-17 from AED 894 million in Q2-16
7 August 2017 04:01 PM Air Arabia profits up 21% in Q2
Dubai – Mubasher: Air Arabia reported profits that beat analysts’ expectations in the second quarter of 2017, according to a statement. Profits reached AED 158 million in Q2-17, up 21% from AED 131 million in Q2-16. Revenues also rose to AED 906 …
Financial Results
The airline currently operates flights to 130 routes across the globe from five hubs located in the MENA region
6 July 2017 11:06 AM Air Arabia launches flights to Trabzon
Dubai – Mubasher: Air Arabia launched its inaugural first flight to Trabzon, its latest Turkish destination, according to a statement. The new service provides passengers the opportunity to discover Trabzon, in addition to its already existing …
Companies Investments
(Photo Credit: Facebook)
8 May 2017 09:28 AM Air Arabia posts AED 103m profits in Q1
Mubasher: Air Arabia posted a 10% decline year-on-year in its profits during the first quarter of 2017, according to a statement. Net profits reached AED 103 million Q1-17, compared to AED 114 million in Q1-16. The airline’s turnover declined 14% …
Financial Results
(Photo credit: Air Arabia)
6 March 2017 09:20 AM Air Arabia OGM approves 7 fils/shr dividends
Dubai – Mubasher: Air Arabia said Monday that its ordinary general meeting (OGM) has agreed on distributing cash dividends of 7 fils per share (7% of the capital) for fiscal year 2016, totalling AED 326.9 million. Shareholders of record until 13 …
General Assembly
he dividend distribution represents 7% of capital - (Photo Credit: Previous Company Statement)
16 February 2017 07:53 PM Air Arabia OGM to discuss 7% dividends early March
Dubai – Mubasher: Dubai-listed Air Arabia’s ordinary general meeting (OGM) will discuss the distribution of cash dividends of 7 fils per share to shareholders for the fiscal year 2016 on 5 March 2017. The dividend distribution represents 7% of …
Financial Results
Average passenger yield dropped 11% year-on-year to AED 450 (Photo Credit: Facebook)
9 February 2017 02:11 PM MubasherTrade reiterates “Buy” on Air Arabia
Dubai – Mubasher: MubasherTrade maintained the price target (PT) of Air Arabia at AED 1.80, while keeping its “Buy” recommendation. The airline reported a 4% year-on-year decline in earnings to AED 490.4 million, missing MubasherTrade estimates …
Stock Evaluations
One of Air Arabia's airlines (Photo Credit: Comapny Website)
9 February 2017 00:00 PM Air Arabia falls to 2-month low in mid-session
Dubai –Mubasher: Air Arabia’s stock saw an active trading on Thursday, following the announcement of the airline’s annual financial results. The company’s stock fell 7.19% by 12:50pm UAE time to AED 1.29, its lowest level in two months. Air Arabia …
Trading Activities
The company’s capital amounts to AED 4.67 billion (Photo Credit: Facebook)
9 February 2017 09:00 AM Air Arabia board proposes 7% dividends for 2016
Dubai – Mubasher: Air Arabia said its board recommended 7% cash dividends or 7 fils per share for the fiscal year 2016, according to a bourse statement. Total proposed dividends totalled AED 327 million for FY16. The company’s capital amounts to …
Financial Results