On 13 November, Air Arabia announced a record financial and operational results for the third quarter and first nine months ending September 30, 2023.
Air Arabia reported an all-time record AED 1.32 billion net profit the first nine months ending September 30, 2023, an increase of 53% compared to the same period of 2022, while revenue for the first nine months increased by 16% reaching an impressive AED 4.45 billion.
Air Arabia also reported record profitability of AED 522 million for the third quarter ending September 30, 2023; an increase of 26% compared to the same period of 2022, while revenue for the third quarter 2023 reached an impressive AED 1.63 billion.
Source: Air Arabia