Air Arabia Reports AED 383 Million Net Profit in Q3 2026 as Revenue Rises 10%
Air Arabia (PJSC), the Middle East and North Africa's first and largest budget carrier operator, announced its financial and operational results for the third quarter and first nine months of 2026.
Third Quarter Financial Performance
- Air Arabia reported a net profit of AED 383 million for Q3 2026, down 42% year-on-year.
- Revenue increased 10% to AED 2.31 billion.
- Passenger traffic reached 5.7 million, down 3%.
- Seat load factor stood at 82%.
First Nine Months of 2026
- Net profit totalled AED 757 million, down 47% year-on-year.
- Revenue grew 2% to AED 5.81 billion.
- The airline carried 14.4 million passengers.
- Average seat load factor reached 83%.
Network and Fleet Expansion
- Launched operations from its new hub at Dammam, Saudi Arabia, on 20 September 2026.
- Introduced domestic flights connecting Dammam with Jeddah, Madinah and Riyadh.
- Added 14 new routes across five countries.
- Expanded its network to 224 routes.
- Fleet increased to 100 Airbus A320 and A321 aircraft, with four more expected by year-end.
Sustainability and Community Initiatives
- Named MENA's Most Sustainable Low-Cost Airline 2026 by World Finance Magazine.
- Charity Cloud has supported 168 projects across 27 countries since 2007.
- Its initiatives have benefited more than 450,000 people.
Business Outlook
- Air Arabia will continue expanding its network and investing in fleet growth.
- The airline remains focused on operational efficiency, cost control and affordable travel despite regional challenges.
