5 days ago
Air Arabia's Q2 2025 net profit dips 3% to $113mln
Air Arabia's earnings dipped for the second quarter of the year despite higher turnover and passenger numbers.
Total net profit for the period reached 415 million dirhams ($113 million), a 3% decrease from the AED 427 million posted a year ago.
Turnover rose by 2% to AED1.69 billion, while passenger numbers went up by 15% to 5.1 million.
The budget carrier maintained it had a solid performance during the quarter despite geopolitical tensions and regional conflicts that disrupted operations and caused flight cancellations.
However, net profit went up by 11% to AED 770 million for the first half of the year. Revenue rose by 8% to AED 3.44 billion, while passenger numbers were up 13% to 10.1 million.
(Writing by Cleofe Maceda; editing by Brinda Darasha)
