The “Arab Air” general

During the annual meeting of the General Assembly, the shareholders of “Arab Air” agreed to distribute profits of 25 % of the capital for the fiscal year ending on December 31, 2024. It reflects the distribution of profits of 25 fils per share, the strong financial performance of the economic air carrier that won several awards.
The recommendation of the Board of Directors comes in the wake of the strong financial results achieved by “Air Arabia” during the fiscal year ending on December 31, 2024, as the company recorded record net profits before the tax of 1.6 billion dirhams, an increase of 4% compared to 2023.
The General Assembly approved the report of the auditors, the public budget, and the profit accounts and losses for the fiscal year ending on December 31, 2024, as well as to discourage the members of the Board of Directors and auditors from responsibility for the same period, and appointed the auditors of the company for the new fiscal year and set their fees.


In this context, Sheikh Abdullah bin Muhammad Al Thani, Chairman of the Board of Directors of “Air Arabia” said: “Despite geopolitical tensions and economic challenges taking place in the global aviation sector, the Arab Aviation Group continued to achieve exceptional growth in 2024, supported by increased operational capacity, launching new destinations, and continuous expansion in its network. The standards of operational excellence.
In 2024, “Air Arabia” added 31 new destinations from its six centers in the UAE, Morocco, Egypt and Pakistan. The carrier received 10 new planes to end the year with a fleet of 81 Airbus A320 and A321 aircraft operating over 220 destinations in the Middle East, Africa, Asia and Europe.