Air Arabia posts Dhs383m net profit in 3rd quarter

Air Arabia (PJSC), the Middle East and North Africa’s first and largest budget carrier operator, today announced its financial and operational results for the third quarter and first nine months of 2026.

For the third quarter ending September 30, 2026, Air Arabia reported a net profit of Dhs383 million, down 42 per cent year-on-year (YoY), while revenue increased by 10% to Dhs2.31 billion. The airline carried more than 5.7 million passengers across its operating hubs during the quarter, a 3% decline compared to the same period last year, while the average seat load factor - the percentage of available seats occupied - stood at impressive 82%.

The solid profit recorded during the quarter was supported by revenue growth and sustained passenger demand, despite the ongoing regional conflict and the impact of higher fuel prices on operating costs.

Commenting on the results, Sheikh Abdullah Bin Mohammad Al Thani, Chairman of Air Arabia, said: “We are pleased to have recorded our third consecutive profitable quarter this year amid a challenging operating environment. The ongoing regional conflict continued to weigh on the overall operating environment, driving higher costs, fuel price volatility, and persistent supply chain constraints, which in turn impacted profitability. Despite these challenges, we are proud to have delivered a solid net profit for the quarter, supported by revenue growth and sustained demand for our value-driven product.”

WAM