Overview

Last updated 01/10/2008
Country UAE
Ownership Government
Ownership Type Listed
Organisation Type Joint-Stock
Sector | Sub sector
  • Transportation | Airlines, Airports, and Services
Date of establishment February 2003
No of Employees 560
Address PO Box 132
Sharjah, UAE Phone +971 6 558-0000
 Fax +971 6 558-0008

Summary

Last updated 01/10/2008

Air Arabia commenced operations with two aircraft flying to five destinations. It grew quickly to the current fleet sixe of 11 leased and two owned Airbus A320 aircraft traveling to 39 destinations in the Middle East, North Africa and the Indian sub-continent. By the end of 2007, Air Arabia had carried a cumulative 6.3 million passengers. The company plans to grow its fleet by 34 Airbus A320s and has made a USD 2.8 billion order scheduled for delivery between 2012 and 2015.

Officers

Last updated 30/04/2008
Name Job Title
Sheikh Abdullah bin Mohammed Al Thani Chairman
Adel Ali Chief Executive Officer

Ownership / Shareholders

Last updated 30/04/2008
Name Country Holding
Public n/a 66.00%
Sharjah Department of Civil Aviation UAE 11.00%
Al Maha Holding UAE 9.00%
Sharjah International Airport UAE 7.00%
Infrastructure and Capital Growth Fund UAE 5.00%
Employees n/a 2.00%

Affiliates

Last updated 30/04/2008
Name Country Sector Holding
Red Marketing Communications UAE Media 100.00%
Information Systems Association UAE Telecommunications and IT 51.00%
HAECO Sharjah Aircraft Maintenance UAE Transportation 51.00%
Alpha Flight Services UAE Services 51.00%
Sharjah Aviation Institute UAE Services 51.00%
Flyyeti.com n/a Transportation 51.00%
Regional Airlines n/a Transportation 51.00%
Rotana Sharjah Hotel UAE Hospitality, Travel and Leisure 50.00%
Sharjah Aviation Services UAE Transportation 50.00%

Quote

Last 0.85 AED -0.01 -1.05%
Open 0.84 High/Low 0.86/0.84
Volume 20030 YR High/Low 1.09/0.82


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