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Air Arabia 1Q09 earnings preview: yields under pressure but positive result still forecast


2008 was a year most airlines would rather forget (and 2009 looks like it may be worse still for many operators), but Air Arabia is set to continue its superb run of industry leading profitability into 2009, despite declining regional conditions. The carrier has forecast a "positive" and "good" earnings result for 1Q09, although it has supplied no further details. It is due to release its first quarter earnings in early May-2009. [1012 words]

Unlock the following content in this report:


  • Regional shakeout forecast
  • The world's most efficient LCC operator?
  • More details of Morocco JV

Graphs and data:

  • Middle East RPKs & ASKs: Mar-2005 to Jan-2009
  • Middle East RPKs, ASKs and load factor: Jul-2008 to Feb-2009
  • Daily A320 utilisation & operational reliability (1Q07)
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