The first and biggest low-cost airline in the Middle East and North Africa, Air Arabia (PJSC), released its financial and operational results for the first quarter that ended on March 31, 2026, on Thursday.
For the first quarter ended March 31, 2026, Air Arabia reported a net profit of Dhs278 million, a 22% decrease from Dhs355 million for the same period the previous year. Due to airspace closures and temporary operational constraints brought on by the ongoing conflict in the area, capacity was drastically reduced.
The airline’s revenue during the first quarter of 2026 was Dhs1.8 billion, up 1% over the same period in 2025. Compared with the same quarter last year, Air Arabia carried 4.7 million passengers across its operating hubs, a 5% decline.
However, the average seat load factor, the proportion of passengers carried to available seats, rose to 86%, up 2 percentage points from the previous year. Despite the operational impact and lower flight capacity in March, Air Arabia’s services were in high demand during the first quarter, as evidenced by the growth in revenue and seat load factor.
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