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Air Arabia

From Wikipedia, the free encyclopedia
Low-cost airline in the United Arab Emirates

Air Arabia
An Air ArabiaAirbus A320
IATAICAOCall sign
G9ABYARABIA[1]
Founded3 February 2003; 22 years ago (2003-02-03)
Commenced operations28 October 2003; 21 years ago (2003-10-28)
Operating bases
Frequent-flyer programAirRewards
Subsidiaries
Fleet size83
Destinations81 (excluding subsidiaries)[2]
Parent companyAir Arabia PJSC
Traded asDFMAIRARABIA
HeadquartersSharjah International Airport
Sharjah, United Arab Emirates
Key people
  • Abdullah bin Mohammed Al Thani (Chairman)
  • Adel Ali (GroupCEO)
RevenueDecreaseAED 1.9 billion (FY 2020)[3]
ProfitDecreaseAED -0.2 billion (FY 2020)[4]
Total assetsIncrease AED 10.574 million (FY 2014)[5]
Total equityDecrease AED 5.054 million (FY 2014)[5]
Employees1,353 (Dec 2020)
Websitewww.airarabia.com/en

Air Arabia (Arabic:العربية للطيرانal-ʿArabiyya Lit-Ṭayarāan) is anEmiratilow-cost airline with its head office in the A1 Building Sharjah Freight Center,Sharjah International Airport, United Arab Emirates (UAE). The airline operates scheduled services to 170 destinations in theMiddle East,North Africa, theIndian subcontinent,Central Asia, andEurope to 22 countries from Sharjah, 28 destinations in 9 countries fromCasablanca,Fez,Nador, andTangier, 11 destinations in 8 countries fromRas Al Khaimah, and 6 destinations in 4 countries fromAlexandria. Air Arabia's main base isSharjah International Airport. There are also operating bases inRas Al Khaimah andAbu Dhabi as well as in Alexandria and Casablanca.[6]

History

[edit]
Air Arabia‘s former logo used until 2016.

Air Arabia (العربية للطيران) was established on 3 February 2003 by anAmiri decree issued bySultan bin Muhammad Al-Qasimi, the Ruler ofSharjah and member of theSupreme Council of the United Arab Emirates, becoming the first low-fare airline in the Middle East.[7]

The airline started operations on 28 October 2003.[8] It broke even during its first year in business,[9] and launched an initial public offering for 55% of its stock early in 2007.[10]

In March 2014,Airbus delivered its 6000thA320 family aircraft to Air Arabia.[11]

Corporate affairs

[edit]

Management and ownership

[edit]

Air Arabia launched in October 2003 and was the second low-cost carrier in the Middle East.[8] The company reported more than AED 19 billion in Q4 2019.[12] The airline broke even in its first year of operation.[9] Air Arabia consists of a group of airlines and companies offering travel and tourism services across the Middle East and North Africa.[7]

As of March 2014, Annual General Meeting, the board members consisted of the following members:[13]

In 2019, Air Arabia filed a misdemeanor case againstArif Naqvi, the Pakistani founder and CEO of private equity firmAbraaj Capital following arbitration measures taken by it in 2018. Naqvi was also a Director of Air Arabia until 2018, and the airline was one of Abraaj’s unsecured creditors with a loan of $75 million in default.[14]

Board MemberTitle
Sheik Abdullah bin Mohammed Al ThaniChairman of the Board
Adel Abdulla AliChief Executive Officer and Executive Director
Sheikh Mohammed Bin Abdullah Al ThaniIndependent Director
Samer A. KaterjiIndependent Member
Sheikh Khalid Bin Issam Al QassimiIndependent Member
Waleed Al SayeghIndependent Member
Matar Al BlooshiIndependent Member

Headquarters

[edit]

The headquarters is in the Sharjah airport Freight Center,[15] on the property ofSharjah International Airport. The airport is 15 kilometres (9.3 mi) away from centralDubai.

Subsidiaries

[edit]

Abu Dhabi

[edit]

Air Arabia Abu Dhabi (2020–present). The airline was launched on 14 July 2020 after the signing of an agreement between Etihad Airways and Air Arabia.[16] Air Arabia Abu Dhabi will support the network of destinations and services provided by Etihad Airways, and in turn will meet the needs of the low-cost and growing travel sector in the region.[17]

Armenia

[edit]

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’sZvartnots International Airport (EVN) as its base.[18]

Egypt

[edit]

Air Arabia Egypt (2010–present). On 9 September 2009, Air Arabia announced Air Arabia Egypt as a joint venture with Egyptian travel and tourism companyTravco Group to be based inAlexandria,Egypt.[19]

Jordan

[edit]

Air Arabia Jordan (2015–2018). In January 2015, Air Arabia announced the acquisition of a 49% stake in Petra Airlines.[20] The principal shareholder of Petra Airlines, the RUM Group, retains a 51% stake in the airline, which will be rebranded asAir Arabia Jordan in early 2015.[20] The first flights of the new airline took place during the week commencing 18 May 2015, with launch destinations beingKuwait,Sharm El Sheikh,Erbil, andJeddah.[21] Air Arabia Jordan ended operations in 2018.[22]

Morocco

[edit]

Air Arabia Maroc (2009–present). Air Arabia, in a joint venture with Moroccan investors, established Air Arabia Maroc and set up a secondary base inMorocco's largest city,Casablanca.[23] It began operations in May 2009, allowing Air Arabia to expand into Europe and Africa.[23][24]

Nepal

[edit]

Fly Yeti (2007–2008). In 2007, Air Arabia opened a base inNepal's capitalKathmandu to serve Asia and the Middle East, after signing a joint venture agreement withYeti Airlines.[25] It established a low-cost carrier, Fly Yeti that provided service to international destinations.[25]

Pakistan

[edit]

Fly Jinnah (2021–present). In September 2021, Air Arabia announced a joint venture with Pakistani conglomerateLakson Group to launch a low cost airline called Fly Jinnah. This will be a budget carrier serving domestic and international routes from Pakistan.[26]

Service concept

[edit]

Air Arabia does not provide free catering, but passengers can purchase catering onboard or in advance.[27] The airline does not, however, serve alcoholic beverages on its flights.[28]

Business trends

[edit]

The key trends for Air Arabia over recent years are shown below (as at year ending 31 December):[29]

Key indicators
Turnover (AED m)Net Profit (AED m)Number of
employees[30]
Number of
passengers (m)
Passenger
load factor (%)
Number of
destinations
Number of aircraft
(at year end)
Notes/sources
2004181N/A0.568153[31]
2005411311.179235[31]
20067491011.880328[31]
20071,2833692.7863711[32]
20082,0665103.6854416[33]
20091,9724524.1804521[34]
20102,083104.5836525[35]
20111,7961954.7826929[36]
20122,8324245.3828233[37]
20133,1834356.18034[38]
20143,7295666.8819039[31]
20153,8255307.67941[39]
20163,7784818.08246[40]
20173,7393651,9008.57950[40]
20184,122−5792,0008.78153[39]
20194,7581,0082,1009.48355[39]
20201,851−1921,3532.97957[41]
20213,1747201,4984.47358[42]
20225,2411,2222,0588.38068[43]
20235,9991,54810.18073[44]

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.[45] 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.[46]

Destinations

[edit]
Main article:List of Air Arabia destinations

As of July 2021, Air Arabia serves up to 120 airports across the Middle East, North Africa, Asia and Europe.[47][48] On 11 December 2024, Air Arabia announced on its website the resumption of direct flights between Sharjah andBeirut,Lebanon beginning 18 December 2024.[49][50]

Fleet

[edit]
Air ArabiaAirbus A320-200
Air ArabiaAirbus A321LR

Current fleet

[edit]

As of March 2025[update], the Air Arabia group operates an all-Airbus A320 family fleet composed of the following aircraft:[51]

AircraftIn ServiceOrdersOperatorPassengersNotes
Airbus A320-20043[51]Air Arabia168
174
11[51]Air Arabia Maroc174
10[51]Air Arabia Abu Dhabi168
174
4[51]Air Arabia Egypt174
6[51]Fly Jinnah180
Airbus A320neo73[51]TBA
Airbus A321-2003[51]Air ArabiaTBA
Airbus A321neo27[51][52]TBA
Airbus A321LR6[51][53]Air Arabia215[54]
Airbus A321XLR20[51][52]TBADeliveries from 2027.[55]
Total83120

Fleet development

[edit]

In November 2017, the airline signed a lease agreement for six A321LR.[56] In April 2019, Air Arabia received its first A321LR.[57] In November 2019, during the Dubai Air Show, the airline announced its order of 120 aircraft comprising 73 A320neo, 27 A321neo and 20 A321XLR,[52] with deliveries from 2024.[58]

Livery

[edit]

Air Arabia has a livery with the aircraft body being painted in three different colors, red, grey, and white. The tail and each aircraft engine bear the company logo ofSharjah in the form of a bird. Celebrating 15 years of service in October 2018, a new livery was introduced and was applied to the whole fleet.[59] 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. The bird logo also adorns the engines while the title is applied on red winglets.[59]

Incidents and accidents

[edit]
  • In September 2018, an Air Arabia Airbus A320 (registered A6-ANV), operating flight ABY 111 fromSharjah International Airport toSalalah International Airport, was investigated by the Air Accident Investigation Sector of the UAE due to the co-pilot turning the wrong direction on the runway. The aircraft took off from the opposite direction to the direction they had been cleared to.[60]

See also

[edit]

References

[edit]
  1. ^"Contractions"(PDF).faa.gov. Retrieved22 December 2020.
  2. ^"Air Arabia on ch-aviation".ch-aviation. Retrieved4 December 2023.
  3. ^"Results presentation Q4/20"(PDF).Air Arabia.
  4. ^"Results Presentation Q4/20"(PDF).Air Arabia. Retrieved5 February 2022.
  5. ^ab"Air Arabia Balance Sheet". GulfBase. Retrieved9 June 2015.
  6. ^"Directory: World Airlines".Flight International. 27 March 2007. p. 52.
  7. ^ab"Middle East and Africa LCCs: huge growth opportunities, but challenges".CAPA - Centre for Aviation. Retrieved24 November 2020.
  8. ^ab"Air Arabia marks 15th anniversary with new brand identity".www.tradearabia.com. Retrieved24 November 2020.
  9. ^ab"Air Arabia achieves breakeven in its first year".gulfnews.com. 13 February 2005. Retrieved24 November 2020.
  10. ^"Directory: World Airlines".Flight International. 27 March 2007. p. 52.
  11. ^"The A320 Family: 6,000 deliveries and counting". Airbus Industrie. 10 March 2014. Archived fromthe original on 10 June 2015. Retrieved9 June 2015.
  12. ^"Air Arabia reports record profit on new routes, improved efficiencies".Arabian Business. 10 February 2020. Retrieved24 November 2020.
  13. ^"Air Arabia PSJC Bloomberg Profile".Bloomberg News. Retrieved9 June 2015.
  14. ^Kerr, Simeon (17 January 2019)."Air Arabia files legal case against Abraaj founder".The Financial Times. Retrieved5 February 2022.
  15. ^"Contact InfoArchived 20 October 2012 at theWayback Machine." Air Arabia. Retrieved on 21 June 2010. "Air Arabia (UAE) Air Arabia Head Quarters Sharjah Freight Center (Cargo), at Sharjah International Airport P.O. Box 132 Sharjah, United Arab Emirates" -ArabicArchived 18 September 2013 at theWayback Machine: "العربية للطيران الامارات مركز الشارقة لنقل البضائع (الشحن) ،بالقرب من مطار الشارقة الدولي ص. ب. 132 الشارقة، الإمارات العربية المتحدة"
  16. ^BEN (6 July 2020)."Air Arabia Abu Dhabi Launching Flights Next Week".One Mile at a Time. Retrieved14 December 2020.
  17. ^"Etihad Airways announces a new codeshare agreement with Air Arabia Abu Dhabi".
  18. ^"Armenia's new national airline, formed in a joint venture with UAE's Air Arabia, named Fly Arna".Gulf Business. 2 September 2021.
  19. ^"Air Arabia announced new Egyptian airline". Airarabia.com. Archived fromthe original on 27 September 2011. Retrieved8 October 2011.
  20. ^ab"Air Arabia buys 49% stake in Jordan's Petra Airlines".gulfnews.com. 5 January 2015. Retrieved24 November 2020.
  21. ^"Jordan's aviation market is set for a major shake-up as Air Arabia Jordan enters".CAPA - Centre for Aviation. Retrieved24 November 2020.
  22. ^"20 airlines that have folded this year".The National. 7 April 2019. Retrieved24 November 2020.
  23. ^ab"Air Arabia Maroc is Morocco's third largest carrier with 6.7% of seat capacity; Casablanca remains #1; four new airports join network".anna.aero. 25 January 2017. Retrieved24 November 2020.
  24. ^"Air Arabia's Morocco base to open in 2009".CAPA - Centre for Aviation. Retrieved24 November 2020.
  25. ^ab"Yeti Airlines goes international, Orient Thai comes to Nepal".The Himalayan Times. 21 January 2008. Retrieved24 November 2020.
  26. ^"Air Arabia and Pakistani group to launch budget airline 'Fly Jinnah' - News _ Khaleej Times".www.khaleejtimes.com.
  27. ^"Air Arabia Menu"(PDF). Retrieved7 July 2021.
  28. ^"Frequently asked Questions: Smoking and drinking".AirArabia.com. Retrieved15 December 2020.
  29. ^"Investor Relations | Air Arabia".www.airarabia.com. Retrieved11 November 2023.
  30. ^"Annual reports | Air Arabia".www.airarabia.com. Retrieved12 November 2023.
  31. ^abcd"Air Arabia Investor Presentation"(PDF). Retrieved9 June 2015.
  32. ^"Air Arabia Investor Presentation 2007"(PDF). Retrieved9 June 2015.
  33. ^"Air Arabia Investor Presentation 2008"(PDF). Retrieved9 June 2015.
  34. ^"Air Arabia Investor Presentation 2009"(PDF). Retrieved9 June 2015.
  35. ^"Air Arabia Investor Presentation 2010"(PDF). Retrieved9 June 2015.
  36. ^"Air Arabia Investor Presentation 2011"(PDF). Retrieved9 June 2015.
  37. ^"Air Arabia Investor Presentation 2012"(PDF). Retrieved9 June 2015.
  38. ^"Air Arabia Investor Presentation 2013"(PDF). Retrieved12 September 2020.
  39. ^abc"Results presentation FY 2019"(PDF). Retrieved9 June 2015.
  40. ^ab"FINANCIAL RESULTS Q4/FULL YEAR 2017"(PDF). Retrieved2 November 2018.
  41. ^"Results Presentation Q4/FY 2020"(PDF). Retrieved5 February 2022.
  42. ^"Investor Presentation 2021"(PDF).Air Arabia. Retrieved11 November 2023.
  43. ^"Investor Presentation 2022"(PDF).Air Arabia. Retrieved11 November 2023.
  44. ^"Investor Presentation FY2023"(PDF).Air Arabia. Retrieved17 March 2024.
  45. ^"Air Arabia posts $56m losses after virus impact despite Q4 uptick". Arabian Business. 10 February 2021. Retrieved10 February 2021.
  46. ^"Air Arabia sees 52% lower profits in Q1". Zawya. Retrieved10 May 2021.
  47. ^"Destinations - Air Arabia". Air Arabia. Retrieved19 December 2013.
  48. ^"Air Arabia adds Cairo as its 90th Worldwide Destination".IANS. news.biharprabha.com. Retrieved1 March 2014.
  49. ^"Air Arabia resumes its flights from Sharjah to Beirut".Air Arabia resumes its flights from Sharjah to Beirut. Retrieved17 December 2024.
  50. ^"Daily Flights Between Sharjah and Beirut Return with Air Arabia: Boosting New UAE-Lebanon Travel Connectivity from December 18 - Travel And Tour World". 12 December 2024. Retrieved17 December 2024.
  51. ^abcdefghijkAirbus Orders and Deliveries (XLS), monthly updated, accessed via"Orders & deliveries".Airbus. Airbus SAS. Retrieved25 December 2022.
  52. ^abcAndré Orban (18 November 2019)."Air Arabia orders 120 Airbus A320neo Family aircraft, including 20 A321XLRs".Aviation24.be. Retrieved18 November 2019.
  53. ^"Air Arabia Fleet".Air Arabia. Retrieved25 December 2022.
  54. ^"Air Arabia leases six new Airbus A321neo LR aircraft to serve longer range routes". 14 November 2017. Retrieved29 March 2018.
  55. ^"Air Arabia To Take Its First A321XLRs In 2027 | Aviation Week Network".aviationweek.com. Retrieved3 November 2024.
  56. ^"Air Arabia leases six new Airbus A321neo LR' aircraft to serve longer range routes".Air Arabia leases six new Airbus A321neo LR’ aircraft to serve longer range routes. Retrieved11 November 2023.
  57. ^Wenzel, Nick (13 April 2019)."Air Arabia receives its first Airbus A321LR".International Flight Network. Retrieved11 November 2023.
  58. ^"Results Presentation Q2 / H1 2023"(PDF).Air Arabia. Retrieved11 November 2023.
  59. ^ab"Air Arabia introduces new livery". Flightglobal.com. Retrieved2 November 2018.
  60. ^Benny, John (11 January 2022)."Final report on plane taking off from wrong runway in Sharjah released".The Gulf News. Retrieved5 February 2022.

External links

[edit]

Media related toAir Arabia at Wikimedia Commons

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