Air Arabia in 2026: first-half profit down 51% to AED 374m on 8.7m passengers, after a AED 278m first quarter
Editorial
Air Arabia's first-half 2026 net profit fell 51% to AED 374 million while revenue slipped only 1%, as the regional conflict cut flights and raised fuel costs.
AED 374mNet profit, first half 2026-51%
AED 3.48bnRevenue, first half-1%
8.7mPassengers, first half-14%
83%Average seat load factor
AED 96mSecond-quarter net profit-77%
Sources: Khaleej Times, Gulf News, WAM and company statements.
Quarter by quarter
| Measure | Q1 2026 | First half 2026 |
|---|---|---|
| Revenue | AED 1.8bn | AED 3.48bn (-1%) |
| Net profit | AED 278m (-22%) | AED 374m (-51%) |
| Passengers | 4.7m | About 8.7m (-14%) |
| Seat load factor | 86% | 83% |
| Fleet | n/a | 96 A320/A321-family aircraft, six added in the half |
The airline blamed the regional conflict that began in February for reduced operating capacity and higher fuel costs. Second-quarter revenue was AED 1.68 billion, down 3%. At the first-quarter stage Gulf News reported that its multi-hub model and cost discipline helped offset the disruption.