Air Arabia’s profits exceed AED 305m in Q1-25; revenues jump 14% - Mubasher Info

Air Arabia
AIRARABIA 0.29% 3.51 0.01

Dubai – Mubasher: The net profits attributable to the owners of Air Arabia hiked to AED 305.10 million in the first quarter (Q1) of 2025 from AED 241.03 million as of 31 March 2024.

Basic and diluted earnings per share (EPS) increased to AED 0.065 in Q1-25 from AED 0.052 a year earlier, according to the financial results.

Air Arabia posted revenues amounting to AED 1.75 billion in the first three months (3M) of 2025, higher by 14% than AED 1.54 billion in Q1-24.

More than 4.9 million passengers flew with Air Arabia in Q1-25 across the carrier’s operating hubs, an increase of 11% compared to the total number of passengers carried in Q1-24.

Abdullah bin Mohammad Al Thani, Chairman of Air Arabia, said: “The first quarter net profit was supported by strong passenger demand and steady revenue growth, despite the impact of seasonality shift due to the month of Ramadan, fuel price volatility, currency fluctuations in key markets, and ongoing supply chain challenges that contributed to higher inflationary costs across the industry.”

Al Thani added: "Despite ongoing regional and global challenges including geopolitical and economic uncertainties, Air Arabia continues to deliver strong performance while expanding its network and maintaining high levels of service reliability.”

In 2024, the DFM-listed group logged 4% YoY higher pre-tax net profits at AED 1.60 billion, compared to AED 1.54 billion.

Source: Mubasher Source: {{details.article.source}}