My Account Menu

CAPA Login


Register to trial CAPA Membership!

Air Arabia profitable but yields under pressure

12-Aug-2009

Air Arabia reported a 10.0% increase in net profitability and a 10.5% increase in operating profit in the three months ended Jun-2009, despite a 6% revenue reduction, and stated it expects to report “positive results” for the full year, assisted by fuel hedging, lower unit costs, world-leading fleet utilisation rates and high load factors. [1197 words]

Unlock the following content in this report:

Subheadings:

  • Passenger growth strong but swine flu impact apparent 
  • Strong business pax growth expected
  • Expansion still the word
  • Air Arabia Maroc takes off
  • Leader in operational efficiency
  • Revenue and cost per pax decline
  • Outlook: Expects “positive results” for 2009, but challenges exist

Graphs and data:

  • Air Arabia financial highlights for three months ended 30-Jun-09 
  • Air Arabia financial highlights for six months ended 30-Jun-09 
  • AirArabia passenger numbers (000s) and load factor (%): 2004 to 1H2009 
  • AirArabia passenger numbers (000s) and load factor (%): Jul-2008 to Jun-2009
  • Fleet size and destination growth: 2004 to 1H2009
  • Aircraft utilisation in the A320 Family (AirArabia = ABY in upper right corner of graph)
  • Air Arabia cost per passenger, cost per passenger excluding fuel and revenue per passenger: Three months ended 30-Jun-09
  • Operating costs as a percentage of revenue: 2004 to 1H2009
Please login to continue reading or find out more about CAPA Membership below.
This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.