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The Arabian News > World > Air Arabia Reaches Record Dh1.6B Profit in 2024
World

Air Arabia Reaches Record Dh1.6B Profit in 2024

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Air Arabia has recorded a record Dh1.6 billion profit in 2024, which is a new milestone for the airline company. The low-cost carrier’s full-year revenue jumped by 11%, reaching Dh6.6 billion, boosted by high demand and effective operations.

The company posted a 12% surge in passenger volume, which corresponds to the trend of increasing affordability of air transport in major markets. Strong Q4 performance was critical to the surge in annual profits, as Air Arabia continued its network expansion and improved fleet use.

Air Arabia’s strategic expansion plans, cost-saving operations, and expansion of its network have helped it maintain consistency in success. Air Arabia has also improved its position in upcoming travel hubs, further improving connectivity and customer convenience.

With a healthy financial backing and growing passenger bookings, Air Arabia will continue to follow its 2025 growth curve, solidifying its position among the top low-cost airlines in the region.

 

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