The low-cost airline said in its press release on Monday that its revenues in the first quarter of the year amounted to 1.42 billion dirhams, an increase of 27% over one year.
The company carried more than 3.9 million passengers in the first quarter, an increase of 59% compared to the number of passengers carried in the same period last year.
Seat occupancy (the ratio of the number of passengers to the number of available seats) in the first three months of 2023 increased by 8%, recording an average of 85%.
Sheikh Abdullah bin Mohammed Al Thani, Chairman of Air Arabia’s Board of Directors, said: “Despite continuing economic challenges and geopolitical uncertainty, our focus on increasing revenue margin and maintaining operational efficiency has helped the company achieve strong financial and operational results. .”
During the first quarter of the year, Air Arabia added 9 new destinations from its seven operating centers in the United Arab Emirates, Morocco, Egypt, Armenia and Pakistan, to provide services with a fleet of 68 new Airbus A320s and A321s.
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