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Air Arabia and Jazeera profitable in Sep-2010 quarter


Air Arabia, MENA’s first and largest LCC, has continued to report net profits throughout the global financial crisis with a record profit in 3Q2010 and has emerged from the crisis as one of the best positioned carriers worldwide. Jazeera Airways was also profitable in the third quarter after reporting its third consecutive loss in 2Q2010, coming off a loss in 2009 in a year the carrier labelled as an “operational success and commercial loss”. [1398 words]

Unlock the following content in this report:


  • Air Arabia profits decline but better than expectations
  • Air Arabia unit revenues and unit costs decline
  • Jordan hub slated for 2011
  • Current fleet of 23 aircraft for Air Arabia
  • Air Arabia: leader in operational efficiency
  • Jazeera Airways reports profitable third quarter; revenues decline
  • Jazeera exceeds 1 million pax mark in Sep-2010
  • Acquisition of Sahaab part of turnaround plan

Graphs and data:

  • Air Arabia vs Jazeera net profit (loss): 1Q2008 to 3Q2010
  • Air Arabia gross, EBITDAR and net profit results: 2004 to 3Q2010
  • Air Arabia gross, EBITDAR and net profit margins: 2004 to 3Q2010
  • Air Arabia passenger numbers (mill) and load factor (%): 2004 to nine months ended Sep-2010
  • Air Arabia cost per passenger, cost per passenger excluding fuel and revenue per passenger: 2004 to 3Q2010
  • AirArabia network: Sep-2010
  • AirArabia Group network by geographical distribution
  • Fleet size and destination growth: 2004 to 3Q2010
  • Aircraft utilisation in the A320 Family (AirArabia in upper right corner of graph)
  • Air Arabia vs Jazeera revenue growth: 1Q2009 to 3Q2010
  • Air Arabia financial highlights for three months ended 30-Sep-2010
  • Air Arabia JV revenues: 2008 to 3Q2010
  • Jazeera Airways financial highlights for three months ended 30-Sep-2010
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