50 SKY SHADES - World aviation news

Air Arabia news

Air Arabia airline related news

Air Arabia profit jumps 42 per cent in first quarter

Budget carrier Air Arabia, the only publicly-listed airline in the UAE, reported a 42.2 per cent rise in first-quarter net profit today, beating analysts’ forecasts. The Sharjah-based firm made a net profit of Dh111.1 million in the three months to March 31, the company said in a statement. This compares with a profit of Dh78.1m in the corresponding period of 2015. Three analysts p...

Oman bank backs Gulf carriers

Oman Arab Bank (OAB) has initiated coverage of the GCC aviation sector and put a buy recommendation on Air Arabia and an accumulate recommendation on Jazeera Airways, backing the budget airlines’ growth potential. Regional air traffic activity is on the rise. According to Iata, passenger demand for Middle East carriers in January had the strongest year-on-year growth at 10.9 per cent...

UAE plane makes emergency landing in India's Goa after passenger reports medical conditions

An airplane of the United Arab Emirates (UAE) made an emergency landing on Sunday in western India for a passenger's medical conditions, UAE daily Khaleej Times reported. Air Arabia, a low-cost carrier of the UAE, said one of its planes flying from the country's Sharjah airport to Chennai, capital of eastern Indian Tamil Naidu state, made an emergency landing in the southwestern Indian...

Air Arabia profit dives as competition squeezes margin

The Sharjah-based carrier Air Arabia reported a 13 per cent drop in net profit in the fourth quarter, as competition put pressure on margins and a gloomy geopolitical environment weighed on the sector. The only publicly listed airline in the UAE reported a net profit of Dh59 million in the three months to December, compared with Dh68m in the corresponding quarter of 2014. For the full year...

Air Arabia selects TRU Simulation + Training to Produce A320 Full Flight Simulator

Air Arabia, the Middle East and North Africa’s first and largest low cost carrier announced today during the Bahrain International Airshow the signing of a new deal with TRU Simulation + Training, a Textron Inc. company, to produce an A320 FFS X™ Level D full motion flight simulator. TRU Simulation + Training will manufacture the A320 FFS X in...