Company Insights Air Arabia Aviation Air Arabia Overview Established in February 2003, Air Arabia was the first low-cost airline in the Middle East. The airline broke even during its first year in business and launched an initial public offering for 55% of its stock early in 2007. Air Arabia operates more than 200 routes across the Middle East, North Africa, Asia and Europe with a total fleet of around 75 aircraft. It has six main hubs: Sharjah, Ras Al Khaimah, Abu Dhabi, Morocco, Egypt and Pakistan. Subsidiaries include Air Arabia Egypt, Air Arabia Maroc, Air Arabia Holidays and Air Arabia Cargo. Air Arabia News Aviation Air Arabia declares 25% dividend as revenue soars UAE low-cost airline Air Arabia has increased its dividend payout after turnover grew by double-digits in 2024, the company said in a statement. Based in Sharjah and traded on the Dubai Financial Market (DFM), Air Arabia will pay a 25 percent cash dividend or AED1.2 billion to shareholders. The company’s shares have risen 11 percent […] March 18, 2025 Analysis Aviation Etihad IPO likely to attract ‘significant’ investor interest Abu Dhabi-owned Etihad Airways is likely to attract “significant” investor interest if and when it sells shares in an initial public offering expected in March in the first Gulf Arab airline IPO in almost 20 years, analysts have said. Owned by Abu Dhabi sovereign wealth fund ADQ, the airline may raise as much as $1 […] February 28, 2025 Aviation Regional tensions fail to dampen Air Arabia’s ascent Fourth-quarter profit of Air Arabia, which trades on the Dubai Financial Market, rose 56 percent despite regional tensions and effective cost control, the company said. The low-cost airline, in which the government of Sharjah also has a stake, reported a net profit of AED351 million ($95.6 million) in the last quarter of 2024, compared to […] February 14, 2025 Opinion Aviation Aircraft shortages lead Gulf carriers to brace for disruption The global aviation industry is feeling the weight of supply chain disruptions February 10, 2025 Analysis Sustainability UAE companies have mixed success in cutting emissions While many of the UAE’s major corporations are making limited progress in cutting greenhouse gas emissions, analysis by AGBI reveals that Emsteel (formerly known as Emirates Steel Arkan) is the standout performer. The UAE, the second-largest Arab economy, is seeking to quantify and reduce its impact on the climate, and in November pledged to slash its scope 1 […] February 7, 2025 Tourism Morocco aims to double airport capacity by 2030 Morocco expects airport traffic to reach 60 million passengers by 2030 and 90 million by 2035, according to a government official. The growth from 32 million passengers in 2024 is expected as a result of the 2030 Fifa World Cup, which Morocco will co-host with Spain and Portugal, Morocco World News reported, quoting transport and […] February 6, 2025 Trade Jet fuel makes UAE Kenya’s second largest exporter The UAE has moved ahead of the US, Pakistan, Netherlands, Tanzania and the UK to become Kenya’s second largest export market, according to latest government figures. The Emirates are second, behind Uganda, after exports from the Gulf state more than doubled, the Kenya National Bureau of Statistics (KNBS) said in its latest report. However, the […] January 9, 2025 Transport Air Arabia Q3 profit up as turnover rises 10% Net profit at Air Arabia rose 8 percent year on year to AED564 million ($153.6 million) in the third quarter of 2024, the Sharja-based airline has revealed, as it added new aircraft and routes. Turnover was AED1.8 billion, up 10 percent compared to the same period last year, while passenger numbers rose 8 percent year […] November 12, 2024 Aviation Air Arabia profits slip even as revenues climb Air Arabia’s profits declined in the second quarter of 2024, impacted by rising costs amid economic and geopolitical uncertainties. The UAE’s low-cost carrier reported a 7 percent fall in net profit, down to AED427 million ($116.3 million) from AED459 million in the same period last year. “The aviation industry continued to experience slower yield growth […] August 13, 2024 Opinion Aviation The Gulf will play a major role in sustainable aviation GCC airlines are leading the charge to make flying greener August 12, 2024 Posts navigation 1 2 … 4 Next
Aviation Air Arabia declares 25% dividend as revenue soars UAE low-cost airline Air Arabia has increased its dividend payout after turnover grew by double-digits in 2024, the company said in a statement. Based in Sharjah and traded on the Dubai Financial Market (DFM), Air Arabia will pay a 25 percent cash dividend or AED1.2 billion to shareholders. The company’s shares have risen 11 percent […] March 18, 2025
Analysis Aviation Etihad IPO likely to attract ‘significant’ investor interest Abu Dhabi-owned Etihad Airways is likely to attract “significant” investor interest if and when it sells shares in an initial public offering expected in March in the first Gulf Arab airline IPO in almost 20 years, analysts have said. Owned by Abu Dhabi sovereign wealth fund ADQ, the airline may raise as much as $1 […] February 28, 2025
Aviation Regional tensions fail to dampen Air Arabia’s ascent Fourth-quarter profit of Air Arabia, which trades on the Dubai Financial Market, rose 56 percent despite regional tensions and effective cost control, the company said. The low-cost airline, in which the government of Sharjah also has a stake, reported a net profit of AED351 million ($95.6 million) in the last quarter of 2024, compared to […] February 14, 2025
Opinion Aviation Aircraft shortages lead Gulf carriers to brace for disruption The global aviation industry is feeling the weight of supply chain disruptions February 10, 2025
Analysis Sustainability UAE companies have mixed success in cutting emissions While many of the UAE’s major corporations are making limited progress in cutting greenhouse gas emissions, analysis by AGBI reveals that Emsteel (formerly known as Emirates Steel Arkan) is the standout performer. The UAE, the second-largest Arab economy, is seeking to quantify and reduce its impact on the climate, and in November pledged to slash its scope 1 […] February 7, 2025
Tourism Morocco aims to double airport capacity by 2030 Morocco expects airport traffic to reach 60 million passengers by 2030 and 90 million by 2035, according to a government official. The growth from 32 million passengers in 2024 is expected as a result of the 2030 Fifa World Cup, which Morocco will co-host with Spain and Portugal, Morocco World News reported, quoting transport and […] February 6, 2025
Trade Jet fuel makes UAE Kenya’s second largest exporter The UAE has moved ahead of the US, Pakistan, Netherlands, Tanzania and the UK to become Kenya’s second largest export market, according to latest government figures. The Emirates are second, behind Uganda, after exports from the Gulf state more than doubled, the Kenya National Bureau of Statistics (KNBS) said in its latest report. However, the […] January 9, 2025
Transport Air Arabia Q3 profit up as turnover rises 10% Net profit at Air Arabia rose 8 percent year on year to AED564 million ($153.6 million) in the third quarter of 2024, the Sharja-based airline has revealed, as it added new aircraft and routes. Turnover was AED1.8 billion, up 10 percent compared to the same period last year, while passenger numbers rose 8 percent year […] November 12, 2024
Aviation Air Arabia profits slip even as revenues climb Air Arabia’s profits declined in the second quarter of 2024, impacted by rising costs amid economic and geopolitical uncertainties. The UAE’s low-cost carrier reported a 7 percent fall in net profit, down to AED427 million ($116.3 million) from AED459 million in the same period last year. “The aviation industry continued to experience slower yield growth […] August 13, 2024
Opinion Aviation The Gulf will play a major role in sustainable aviation GCC airlines are leading the charge to make flying greener August 12, 2024
