Air Arabia reports record AED 1.6 bn profit in 2024

Air Arabia today announced its financial and operational results for the full year ending December 31, 2024. The airline posted a record pre-tax net profit of AED 1.6 billion, reflecting a 4 per cent increase compared to AED 1.5 billion in 2023.

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Total turnover for the year surpassed AED 6.63 billion, marking an 11 per cent growth from AED 6 billion in 2023. In 2024, Air Arabia reinforced its commitment to expansion and operational excellence by growing its network across six hubs and adding 31 new routes. This strategic expansion led to a 13 per cent increase in operational capacity and a 12 per cent rise in total passengers carried, reaching 18.8 mi