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Air Arabia flew over 2 million passengers in the final quarter of 2017 Air Arabia flew over 2 million passengers in the final quarter of 2017

Air Arabia Delivers Record 2017 Net Profit

Air Arabia announced full-year financial results for 2017, reporting that net profit for the full year ending December 31, 2017 was AED662 (USD180) million, a 30 percent increase compared to AED509 (USD139) million registered in 2016.

Turnover for the full year 2017 was in line with the preceding 12 months reaching AED3.74 (USD1) billion. More than 8.5 million passengers flew with Air Arabia in 2017 and the average seat load factor in 2017 stood at 79 percent.

Air Arabia added 21 new routes to its global network in 2017 from its five operating hubs in the UAE, Morocco, Egypt and Jordan. The carrier also took delivery of four new aircraft and ended the year with a fleet of 50 Airbus A320 aircraft operating to 140 routes across the Middle East, Africa, Asia and Europe.