Middle East Airline Adds 3 Aircraft Already in 2023 to Grow Fleet to 71 as it Declares Record Profit

14th Aug 2023

Sharjah, United Arab Emirates based low-cost carrier Air Arabia has disclosed that it has added three Airbus A320 to its fleet growing the total number of airline it operates to 71 (both owned and leased). The announcement was made as part of its quarterly earnings announcement in which the airline highlighted that it achieved record second quarter profit earnings of US$124.96 million amid strong demand for air travel.

“Air Arabia’s strong performance in the second quarter of this year is a testament to the resilience and effectiveness of the business model we operate,” said Sheikh Abdullah bin Mohammad Al Thani, chairman of Air Arabia.

“Our steady performance in the first quarter continued to the second quarter, underlining the consistency of our growth strategy and operational excellence. Our team’s dedication continues to drive sustained momentum across our businesses.”

Looking ahead, the airline is “confident in our ability to drive growth while providing our passengers with the best value-driven travel deals”, its chairman said.

Source: Air Arabia
Photo Credit: Air Arabia (shown as Meta image)

You may also check our Terms and Conditions for our Content Policy.

Searching for specific information – kindly contact us to see if we can assist you.

Check out the more than 13184 relevant pilot training industry updates here.