Air Arabia Reports Resilient First Half 2026 Net Profit of AED 374 Million
Air Arabia (PJSC), the Middle East and North Africa’s first and largest low-cost carrier, announced its financial and operational results for the first half of 2026.
Financial Performance
- Net Profit (H1 2026): AED 374 million
- Down 51% compared to H1 2025
- Revenue (H1 2026): AED 3.48 billion
- Slight decline of 1% year-on-year
- Q2 2026 Net Profit: AED 96 million
- Down 77% compared to Q2 2025
- Q2 2026 Revenue: AED 1.68 billion
- Decline of 3% year-on-year
Operational Highlights
- Passengers (H1 2026): 8.7 million
- 14% decline vs. H1 2025
- Passengers (Q2 2026): 3.9 million
- 23% decline vs. Q2 2025
- Seat Load Factor:
- 83% (H1 2026)
- 81% (Q2 2026)
- Fleet Expansion: Added 6 aircraft, total fleet now 96 Airbus A320/A321
- Network Growth: 5 new routes launched across UAE, Morocco, Egypt, and Pakistan
Challenges
- Regional conflict since February 2026 led to:
- Airspace closures
- Temporary operational restrictions
- Reduced capacity
- Record-high fuel prices
Recognition
- Named “Most Sustainable Low-Cost Airline in the MENA Region 2026” by World Finance Magazine.
Leadership Commentary
Sheikh Abdullah Bin Mohammad Al Thani emphasized resilience, disciplined cost management, and confidence in long-term fundamentals despite geopolitical and fuel cost pressures.
