355 million dirhams, net profits of “Air Arabia” in the first quarter

“Arab Air” recorded net profits of 355 million dirhams during the first quarter of this year, an increase of 34%, compared to 266 million dirhams that were recorded in the same period in 2024, continuing to expand its network and its destinations and enhance its leadership presence in the regional and global markets.

The company’s revenues amounted to 1.75 billion dirhams, a 14% increase compared to the same period last year, and the company transferred on its flights more than 4.9 million passengers between January and March from this year through all its operating operations centers, an increase of 11% compared to the number of travelers who were transferred in the first quarter of last year, while the rate of seat occupancy – that is, the percentage of passengers to the number of seats available – reached 84%, which reflects Efficiency of operational operations.

Sheikh Abdullah bin Muhammad Al Thani, Chairman of the Board of Directors of “Air Arabia” said that “the strong financial results achieved by (Air Arabia) during the first three months of this year reflect the company’s ability to face the changing regional and global challenges, as this emphasizes the strong financial and operational performance of the strength of the business model that we follow and the effectiveness of cost management through the group along with our firm commitment to operational efficiency and providing exceptional value To our customers. “

The net profit of the first quarter, driven by increasing the number of passengers and the growth of revenues, came, despite several factors, including the seasonal effects of Ramadan, fuel price fluctuations and currency prices in the main markets, in addition to the continuous challenges in the supply chain that contributed to the high costs of inflation across the sector as a whole.