Air Arabia reports record 2024 profits, up 4%, with expanded routes and 12% more passengers.

Air Arabia, a major Middle Eastern low-cost airline, reported record profits of Dh1.6 billion for 2024, a 4% increase over 2023, with turnover up 11% to Dh6.63 billion. The airline expanded its network, added 31 new routes, and carried 18.8 million passengers, a 12% rise. The average seat load factor increased to 82%. The Board proposed a 25% dividend distribution, subject to shareholder approval.

4 weeks ago
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