Air Arabia (PJSC), the first and largest low-cost carrier (LCC) in the Middle East and North Africa, on Tuesday announced strong financial and operational results for the first quarter of 2025, reflecting continued growth and resilience in a dynamic market environment.
The airline reported a net profit of Dhs 355 million for the three months ending March 31, 2025, marking a 34% increase compared to Dhs 266 million in the same period last year.
Air Arabia carried over 4.9 million passengers
Turnover rose to Dhs 1.75 billion, up 14% year-on-year, as Air Arabia carried over 4.9 million passengers, an 11% increase from the first quarter of 2024. The average seat load factor remained strong at 84%, highlighting sustained demand and efficient capacity management.
Sheikh Abdullah Bin Mohammad Al Thani, Chairman of Air Arabia, said the airline’s strong start to 2025 highlights its resilience and adaptability.
“These results show the strength of our business model and our commitment to efficiency and value. Despite global challenges, we continued to grow while delivering reliable service to our customers.”
He added that steady revenue, disciplined cost control, and growing demand supported profitability, even with ongoing global economic uncertainties, fuel price volatility, and supply chain pressures.
Operating fleet
Air Arabia’s total operating fleet reached 83 Airbus A320 and A321 aircraft, with two new aircraft added in January. The airline also expanded its network with seven new routes, increasing total destinations to 217 across six hubs.
The Group reported a solid liquidity position of Dhs 5.3 billion in cash and equivalents.
Air Arabia continues to focus on sustainability and innovation. In March, it published its 2024 ESG Report and introduced new navigation procedures at Sharjah, Abu Dhabi, and Ras Al Khaimah airports to reduce emissions and improve efficiency. The airline also earned an “AA” rating in MSCI ESG Ratings, placing it among the top global performers.
The airline’s CSR program, Charity Cloud, launched two clinics in Bangladesh and Egypt during the quarter, expanding healthcare access in underserved communities.
Looking ahead, Sheikh Al Thani said Air Arabia remains focused on its strategic growth plans.
“We aim to expand our network, explore new markets, and keep offering affordable and reliable travel. Our confidence in the low-cost model remains strong.”
tanvir@dubainewsweek.com
