Air Arabia registered a net profit of AED459 million during the second quarter ending June 30, of this year, an increase of 187 percent compared to AED160 million net profit reported for the same period in 2022. The second quarter net profit also included an exceptional one-off receivable that the airline received from one of its suppliers.

 The company’s turnover for the same period increased by 25 percent, as the strong demand for air travel continued, registering an AED1.39 billion, compared to AED1.11 billion in the corresponding period in 2022. More than 3.8 million passengers flew with Air Arabia between April and June of this year across the carrier’s seven hubs, an increase of 37 percent compared to the same quarter in 2022. The airline’s average seat load factor during the second quarter of this year stood at an average of 76 percent.

 During the first half of the year (January to June), Air Arabia reported a net profit of AED801 million, an increase of 78 percent compared to AED451 million registered in the corresponding first half of 2022. In the same period, the airline posted a turnover of AED2.82 billion, a 26 percent increase compared to AED2.24 billion registered in the corresponding first half of 2022. More than 7.7 million passengers flew with Air Arabia between January and June across the carrier’s seven hubs, an increase of 47 percent compared to the same period last year. The airline’s average seat load factor – or passengers carried as a percentage of available seats –stood at an average of 81 percent.