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28 December 08:12 PM

Air Arabia PJSC (AIRARABIA)

Last update: 26 December 02:58 PM market time.
4.70
-0.08
-1.67%
Open 4.78
Previous Close 4.78
High 4.78
Low 4.68
Stock Statistics
Volume 2,595,792
Turnover 12,216,106.24
All data are 15 minutes late during market session

News

Photo Archive
6 April 2022 05:57 PM Air Arabia Abu Dhabi introduces new route to Pink city
UAE – Mubasher: Air Arabia Abu Dhabi, the joint venture between Etihad Airways and Air Arabia, has launched a new destination to Jaipur which is known as the Pink city, marking its 18th route to India. Starting from 5 May this year, the new …
Companies Investments
Photo Archive
13 March 2022 10:12 AM Air Arabia's OGM approves 8.5% dividends for 2021
Dubai - Mubasher: The ordinary general meeting (OGM) of Air Arabia has approved a cash dividend distribution, equivalent to 8.5% of the capital, for 2021. The cash dividend payout stands at 8.5 fils per share, according to a recent bourse filing. …
General Assembly
Photo Archive
16 February 2022 00:50 AM Air Arabia's net profits hit AED 720m in 2021; dividends proposed
Dubai - Mubasher: Air Arabia has achieved consolidated net profits of AED 719.92 million in 2021, against net losses of AED 192.18 million a year earlier. The company generated revenues of AED 3.17 billion last year, an increase of 71% from AED …
Financial Results
The company generated revenues of AED 1.872 billion
11 November 2021 09:42 AM Air Arabia turns to profitability in 9M
Dubai - Mubasher: Air Arabia has achieved net profits of AED 253.121 million during the first nine months of 2021, versus net losses of AED 212.639 million in the year-ago period, according to the company's consolidated interim financials for the …
Financial Results
Fly Jinnah will contribute to Pakistan's economic growth
5 September 2021 11:10 AM Air Arabia, Lakson Group form joint venture to establish airline in Pakistan
Dubai – Mubasher: The UAE-based Air Arabia and Lakson Group, a Pakistani business conglomerate, has formed a joint venture to establish Fly Jinnah, a low-cost passenger airline serving domestic and international routes from Pakistan. Fly Jinnah …
Companies Investments
The company's revenues increased to AED 1.067 billion
10 August 2021 10:01 AM Air Arabia turns to profitability in H1-21
Dubai – Mubasher: The interim consolidated financials of Air Arabia showed net profits of AED 44.244 million in the first half (H1) of 2021, against net losses of AED 168.5 million in the year-ago period. The company's revenues increased to AED …
Financial Results
The EPS settled at AED 0.007 in Q1-21
10 May 2021 11:23 AM Air Arabia sees 52% lower profits in Q1-21
Dubai – Mubasher: Air Arabia reported a 52% drop in net profits to AED 33.844 million in the first quarter (Q1) of 2021, compared to AED 70.585 million, according to the company's consolidated interim financials for the three-month period ended 31 …
Financial Results
The three companies comprise Aramex, Air Arabia, and DU
6 April 2021 01:27 PM DFM plans to launch new equity futures contracts on three listed companies
Dubai – Mubasher: The Dubai Financial Market (DFM) plans to launch new equity futures contracts on individual stocks of three listed companies on 18 April 2021 to diversify investment opportunities. The three companies comprise Aramex, Air Arabia, …
Companies Investments
The company's revenues plunged to AED 1.85bn in 2020
11 February 2021 11:18 AM Air Arabia turns to losses in 2020
Dubai – Mubasher: Air Arabia has witnessed net losses attributable to the owners of AED 192.183 million in 2020, versus AED 990.168 million net profits during the previous year. The company's revenues plunged to AED 1.85 billion in 2020, compared …
Financial Results
Air Arabia’s entire fleet includes HEPA cabin air filters
25 January 2021 02:40 PM Air Arabia resumes flights between Alexandria, Doha
Mubasher: Air Arabia - Egypt, a 40%-owned subsidiary of Air Arabia, will resume direct flights between Alexandria and Doha starting 2 February 2021. The airline company has launched the coronavirus (COVID-19) insurance coverage as part of the …
Management Decisions
The agreement reinforces the airline's relations with CFM
24 November 2020 01:09 PM Air Arabia signs nine-year agreement for LEAP-1A-powered aircraft
Dubai – Mubasher: Air Arabia has inked a comprehensive nine-year agreement with CFM International, which will provide time and material support to the airline’s fleet of six LEAP-1A-powered A321neo aircraft. The agreement reinforces the airline's …
Companies Investments
The company has generated revenues of AED 294m
10 November 2020 04:56 PM Air Arabia's net losses hit AED 44m in Q3-20
Dubai – Mubasher: Air Arabia saw AED 44 million net losses during the third quarter (Q3) of 2020, attributed to the continued impact of the coronavirus (COVID-19) pandemic on airline operations. The company has generated revenues of AED 294 …
Financial Results
The revenues reached AED 1.02 billion
11 August 2020 09:44 AM Air Arabia turns to losses in H1-20
Dubai – Mubasher: Air Arabia registered net losses attributable to the owners of the company of AED 168.51 million in the first half (H1) of 2020, compared to net profits of AED 319.8 million in the same period of 2019. The net losses are driven …
Financial Results
The flights to Alexandria will be operated three times a week
6 July 2020 04:07 PM Air Arabia Abu Dhabi to begin operations with flights to Egypt
Dubai – Mubasher: Air Arabia Abu Dhabi will launch its operations on 14 July with flights connecting Abu Dhabi with Alexandria and Sohag in Egypt, according to a press release on Monday. With two Airbus A320 aircraft based in the Abu Dhabi …
Companies Investments
Air Arabia has made efforts to prevent job cuts
3 June 2020 04:01 PM Air Arabia to cut more jobs amid COVID-19
Dubai – Mubasher: Air Arabia has decided further layoffs across different departments, due to the economic consequences of the coronavirus (COVID-19) pandemic, a company spokesperson told Reuters. The spokesperson of the Sharjah-based airline, …
Management Decisions
COVID-19 has pushed the world's countries to suspend flights
6 May 2020 10:32 AM Air Arabia lays off 57 employees amid COVID-19
Dubai – Mubasher: Air Arabia, listed on the Dubai Financial Market (DFM), has cut 57 jobs to protect the company from the economic impact of the coronavirus (COVID-19) pandemic, according to Reuters. With around 2,000 employees, the carrier has …
Management Decisions
Air Arabia Abu Dhabi becomes the fifth UAE national operating airline
23 April 2020 00:56 PM Air Arabia Abu Dhabi receives air operating certificate
UAE – Mubasher: Air Arabia Abu Dhabi, a joint venture between Etihad Airways and Air Arabia, has obtained its Air Operating Certificate (AOC), becoming the fifth UAE national operating airline. To operate from Abu Dhabi, Air Arabia Abu Dhabi has …
Sector Reports
Special flights will be operated from Mumbai and Delhi to Sharjah on 20 April
20 April 2020 01:43 PM Air Arabia to run repatriation flights from India this week
Dubai – Mubasher: Air Arabia will operate new repatriation flights from four cities in India to Sharjah to bring Emirati nationals back home. The special flights will operate from Mumbai and Delhi to Sharjah International Airport on Monday, 20 …
Global Economy
The OGM of Air Arabia has approved 9% dividends
11 March 2020 09:40 AM Air Arabia’s shareholders agree on 9% dividends for FY19
Dubai – Mubasher: The ordinary general meeting (OGM) of Air Arabia has approved to distribute 9% of the capital or 9 fils per share as cash dividends for fiscal year 2019. During their meeting, the shareholders have set 18 March as the last …
Cash Dividends
Air Arabia earnings per share (EPS) stood at AED 0.21 in 2019
10 February 2020 01:37 PM Air Arabia’s net profits records AED 1bn in 2019; dividends proposed
Dubai – Mubasher: Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier, reported an 80% hike in net profits to around AED 1 billion in 2019 from AED 579.163 million in 2018, according to the company’s financial results …
Financial Results
The decision aims to enhance the civil aviation activity across the UAE
7 January 2020 09:46 AM UAE gov't approves Air Arabia Abu Dhabi as national carrier
Dubai– Mubasher: The Emirati cabinet has approved Air Arabia Abu Dhabi to be the country’s national airline carrier, Emirates News Agency (WAM) recently reported. The decision aims to enhance the civil aviation activity across the country while …
Company News
The new aircraft are set to be delivered in 2024
19 November 2019 10:15 AM Air Arabia places $14bn order for 120 Airbus A320 family aircraft
Dubai – Mubasher: Air Arabia has placed a landmark order of 120 Airbus A320 family aircraft with a total value exceeding $14 billion, tripling the firm's fleet while strengthening its global expansion plans. Scheduled to be delivered in 2024, the …
General News
Net profits surged by 57% YoY in Q3
10 November 2019 04:56 PM Air Arabia’s profit grow by 53% in 9M
Dubai – Mubasher: Air Arabia reported on Sunday the financial results for the third quarter (Q3) of 2019, according to a company statement. Net profit surged by 57% year-on-year (YoY) to AED 471 million for the three-month period ended 30 …
Financial Results
The new JV will boost the growing low-cost travel market segment in the region
16 October 2019 03:39 PM Etihad, Air Arabia collaborate to establish Abu Dhabi’s 1st low-cost carrier
UAE – Mubasher: Etihad Aviation Group and Air Arabia on Wednesday announced they have signed an agreement to launch ‘Air Arabia Abu Dhabi’, the first low-cost carrier in Abu Dhabi. Under the agreement, both parties will collaborate to form an …
Corporate Actions
The company has also recorded a turnover of AED 1.144 billion for Q2-19
8 August 2019 11:08 AM Air Arabia Q2 net profit hikes 75%
Dubai - Mubasher: Air Arabia, the Sharjah-based low-cost airline, has reported a 75% year-on-year surge in net profit for the second quarter of 2019. Net profit reached AED 210 million during the three-month ended 30 June 2019, compared to AED 120 …
Financial Results