Air Arabia Group
The Air Arabia Group is a Middle-Eastern airline group that holds stakes in several major low-cost carriers including Air Arabia, Air Arabia Egypt and Air Arabia Maroc. Originally founded in 2003, Air Arabia operates an all-A320 fleet providing scheduled services from four major hubs at Sharjah International Airport, Borg El Arab Airport, Amman Queen Alia International Airport and Mohammed V International Airport.
Headquartered in Sharjah, UAE, the Air Arabia Group is the first publicly-owned airline company in the Arab World and is listed on the Dubai Financial Market (DFM: AIRARABIA). All airlines in the group share common 'Air Arabia' branding and employ low-cost business models.
Air Arabia subsidiaries include:
- Air Arabia (100%)
- Air Arabia Egypt (49%)
- Air Arabia Jordan (49%, ceased in Mar-2018)
- Air Arabia Maroc (41%)
In Jan-2015, the group announced the creation of Air Arabia Jordan following the acquisition of a 49% stake in the former Petra Airlines. The carrier commenced operations on 18-May-2015 from Amman Queen Alia International Airport to destinations in the Middle East and North Africa.
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