First-quarter turnover reaches AED 1.8 billion; seat load factor rises to 86% with 4.7 million passengers carried. Doha-Qatar May 15, 2026: Air Arabia (PJSC), the first and largest budget carrier operator in the Middle East and North Africa, today announced its financial and operational results for the first quarter ending March 31, 2026. Air Arabia reported a net profit of AED 278 million for the first quarter ending March 31, 2026, representing a 22 percent decline compared to AED 355 million recorded in the same period last year. This drop was driven by the impact of the ongoing conflict in the region, which resulted in a sharp
