Articles tagged “air arabia”

Air Arabia Plans to Buy 100 Jets After Posting Record Profit

Air Arabia Plans to Buy 100 Jets After Posting Record Profit

Anurag Kotoky, Bloomberg

Air Arabia's outlook appears bright as the Persian Gulf's biggest discount carrier puts its recent record profit toward further expansion.

2 years ago

Air Arabia Looks to Egypt and Morocco for Further Growth

Air Arabia Looks to Egypt and Morocco for Further Growth

Abbas Al Lawati and Yousef Gamal El-Din, Bloomberg

Egypt's tourism is rebounding after several difficult years, and that's good news for Air Arabia, which continues to struggle with air traffic rights in Jordan.

2 years ago

The Qatar Crisis Is Boosting the Fortunes of Air Arabia

The Qatar Crisis Is Boosting the Fortunes of Air Arabia

Filipe Pacheco and Deena Kamel Yousef, Bloomberg

Investor interest in Air Arabia is rebounding as the low-cost carrier takes share from Qatar Airways, suffering from the Qatar diplomatic ban. But beware of investing in airline stocks in this region.

2 years ago

Air Arabia soars on stock market as Dubai’s travel ambition grows

Air Arabia soars on stock market as Dubai’s travel ambition grows

Sherine El Madany, Bloomberg

Investment interest in Air Arabia continues to grow as the low-cost carrier expands its network and tourism to the Middle East continues to climb.

6 years ago

Air Arabia jumps to 3-year high after news of Dubai’s ambitious tourism goals

Air Arabia jumps to 3-year high after news of Dubai’s ambitious tourism goals

Sherine El Madany, Bloomberg

Air Arabia is already feeling the benefits of Dubai’s recovering tourism market with passenger traffic at an all-time high; load factor and revenue per passenger will continue to climb if demand meets government expectations.

6 years ago

Investors show confidence in Middle East low-cost carrier Air Arabia

Sherine El Madany, Bloomberg

With successful expansion behind them and cheap oil in front of them the Mid East's biggest budget carrier is flying with a tail wind.

6 years ago

The Middle East’s largest low-cost airline sees stock gains after dividend hopes

Alaa Shahine, Bloomberg

Most attention in the Mid East is focused on the heavyweight international carriers like Emirates, but low-cost carriers are seeing growth of their own.

7 years ago