Air Arabia (Arabic: العربية للطيران al-ʿArabiyya aṭ-Ṭayarān) is an Emirati low-cost airline with its head office in the A1 Building Sharjah Freight Center, Sharjah International Airport. The airline operates scheduled services to 170 destinations in the Middle East, North Africa, the Indian subcontinent, Central Asia and Europe to 22 countries from Sharjah, 28 destinations in 9 countries from Casablanca, Fez, Nador and Tangier, 11 destinations in 8 countries from Ras Al Khaimah, and 6 destinations in 4 countries from Alexandria. Air Arabia's main base is Sharjah International Airport. There is also a hub in Ras Al Khaimah, Abu Dhabi and focus cities in Alexandria and Casablanca.
|Founded||3 February 2003|
|Commenced operations||28 October 2003|
|Alliance||Arab Air Carriers Organization|
|Parent company||Air Arabia PJSC|
|Revenue||AED 3.7 billion(FY 2014)|
|Profit||AED 566 million(FY 2014)|
|Total assets||AED 10.574 million (FY 2014)|
|Total equity||AED 5.054 million (FY 2014)|
|Employees||2,302 (Dec, 2013)|
Air Arabia (العربية للطيران) was established on 3 February 2003 by an Amiri decree issued by Sultan bin Muhammad Al-Qasimi, the Ruler of Sharjah and member of the Supreme Council of the United Arab Emirates, becoming the first low-fare airline in the Middle East. The airline started operations on 28 October 2003. The airline broke even during first year of being in business. It launched an initial public offering for 55% of its stock early in 2007.
Management and ownershipEdit
Air Arabia launched in October 2003 and was the first low-cost carrier in the Middle East. The airline was listed on the Dubai Financial Market and traded under ticker symbol: (DFM: AIRARABIA). The company reported more than AED 19 billion in Q4 2019. The airline broke even in its first year of operation. Air Arabia consists of a group of airlines and companies offering travel and tourism services across the Middle East and North Africa.
The board of directors consists of seven members. The current[when?] board was elected in March 2014 for a period of three years. Arabia closely monitors its board's actions and discourages the trade of shares within the board members. In 2014, the board members did not participate in any trade of Air Arabia Shares.
As of the March 2014 Annual General Meeting, the board members consisted of the following members:
|Sheik Abdullah bin Mohammed Al Thani||Chairman of the Board|
|Adel Abdulla Ali||Chief Executive Officer and Executive Director|
|Sheikh Mohammed Bin Abdullah Al Thani||Independent Director|
|Mr. Samer A. Katerji||Independent Member|
|Sheikh Khalid Bin Issam Al Qassimi||Independent Member|
|Mr. Waleed Al Sayegh||Independent Member|
|Mr. Matar Al Blooshi||Independent Member|
Air Arabia has created joint ventures at four international bases. The following countries have had or still do have JV airlines based there:
Fly Arna (2021–present) - In September 2021, Air Arabia announced a joint venture with the Armenian National Interests Fund (ANIF) to launch a new national airline called Fly Arna. Fly Arna will operate as a low-cost passenger airline with Yerevan’s Zvartnots International Airport (EVN) as its base.
Air Arabia Egypt (2010–present) - On 9 September 2009, Air Arabia announced Air Arabia Egypt as a joint venture with Egyptian travel and tourism company Travco Group to be based in Alexandria, Egypt.[dead link] The airline received its operating license on 22 May 2010, with commercial flights beginning 1 June 2010. The fleet in Egypt consists of three aircraft, two operating a scheduled service and one carrying charter traffic from Europe to the Red Sea.
Air Arabia Jordan (2015–present) - In January 2015 Air Arabia announced the acquisition of a 49% stake in Petra Airlines. The principal shareholder of Petra Airlines, the RUM Group, retain a 51% stake in the airline, which will be rebranded as Air Arabia Jordan in early 2015. The first flights of the new airline took place during the week commencing 18 May 2015, with launch destinations being Kuwait, Sharm El Sheikh, Erbil, and Jeddah. Air Arabia Jordan ended operations in 2018.
Air Arabia Maroc (2009–present) - Air Arabia, in a joint venture with Moroccan investors established Air Arabia Maroc and set up a secondary base in Morocco's largest city, Casablanca. It began operations in May 2009, allowing Air Arabia to expand into Europe and Africa.
The Maroc fleet consists of ten aircraft serving mainly European destinations.
Fly Yeti (2007–2008) - In 2007, Air Arabia opened a base in Nepal's capital Kathmandu to serve Asia and the Middle East, after signing a joint venture agreement with Yeti Airlines. It established a low-cost carrier, Fly Yeti that provided service to international destinations. Due to the uncertain political and economic situation prevailing in Nepal and lack of local government support, FlyYeti operations were suspended in 2008.
Fly Jinnah (2021) - In September 2021, Air Arabia announced a joint venture with Pakistani conglomerate Lakson Group to launch a low cost airline called Fly Jinnah. This will be a budget carrier serving domestic and international routes from Pakistan.
|Turnover (AED m)||181||411||749||1,283||2,066||1,972||2,080||1,796||2,832||3,183||3,729||3,825||3,778||3,739||4,122||4,758|
|Profits (AED m)||N/A||31||101||369||510||452||310||195||424||435||566||530||481||365||-579||1008|
|Number of passengers (m)||0.5||1.1||1.8||2.7||3.6||4.1||4.5||4.7||5.3||6.1||6.8||7.64||8.0||8.5||8.72||9.43|
|Passenger load factor (%)||68||79||80||86||85||80||83||82||82||80||81||79||82||79||81||83|
|Number of aircraft (at year end)||3||5||8||11||16||21||25||29||33||34||39||41||46||50||53||55|
|Number of Destinations||15||23||32||37||44||45||65||69||82||90||100||170|
As the pandemic hit airline services, Air Arabia reported a net loss of AED192 million ($56.2 million) in 2020. Also, the turnover for Q4 of 2020 was 53% below Q4 of 2019. The airline’s net profits in Q1 of 2021 fell by 52% to AED 33.844 million. Also, revenue generated in Q1 of 2021 was AED 572.145 after witnessing major drop from AED 901.374 million in Q1 of 2020.
|Airbus A320-200||37||—||168||The New Livery is currently being applied to the entire Air Arabia Fleet|
|Airbus A320neo||—||73||TBA||Order announced in the 2019 Dubai Air Show |
|Airbus A321neo||—||27||TBA||Order announced in the 2019 Dubai Air Show |
|Airbus A321XLR||—||20||TBA||Order announced in the 2019 Dubai Air Show|
Air Arabia has had the same livery design since its founding in 2003. The aircraft body is painted in three different colors red, grey and white. The tail and each aircraft engine bear the company logo of Sharjah in the form of a bird.
Celebrating 15 years of service in October 2018, a new livery was introduced and was applied to the fleet. The updated logo features a large red bird logo coming down from tail to rear fuselage with grey accents behind its wings and billboard style AirArabia title in English on the front of aircraft with small Arabic title placed next to it above the windows, bird logo also adorns the engines while title in applied on red winglets.
Air Arabia is one of few airlines not to provide free water for passengers, both on domestic and international flights. If you want to drink water on-board, that will cost you a dollar.
Air Arabia does not serve alcoholic beverages on its flights.
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Media related to Air Arabia at Wikimedia Commons