During its annual general meeting on Thursday, shareholders of the budget airline Air Arabia approved a dividend of 30 fils per share for the upcoming year of 2025.
The Emirati airline announced it will distribute AED1.4 billion (approximately $381 million) in dividends for the previous year, according to a statement released.
Air Arabia’s fully paid share capital consists of 4.7 billion shares.
In 2024, the airline provided a dividend of 20 fils per share, totaling AED933 million, as outlined in its integrated report for 2025.
The airline reported a net profit after tax increase of 11 percent year-over-year to AED1.6 billion in February, alongside a revenue rise of 15 percent annually, reaching AED7.8 billion in 2025.
Shareholders also ratified the auditors’ report, balance sheet, as well as the profit and loss statements for 2025. Furthermore, they elected the board of directors for a three-year term.
Chairman Sheikh Abdullah Bin Mohammed Al Thani noted that Air Arabia is actively expanding its network by launching new routes in key markets and enhancing its operating capacity to cater to the increasing demand for affordable air travel.
Last year, the airline broadened its global presence by introducing 30 new routes from its six operational bases in the UAE, Morocco, Egypt, and Pakistan. It also welcomed the arrival of five new aircraft and added four leased planes to facilitate its growth and network diversification.
By the end of 2025, Air Arabia’s fleet comprised 90 Airbus A320 and A321 aircraft, servicing over 220 routes throughout the Middle East, Africa, Asia, and Europe.
“Despite the prevailing geopolitical challenges and their repercussions on the global economy and regional aviation, we maintain confidence in the resilience of our industry, the robustness of our business model, and the strategic direction we are pursuing,” stated Al Thani.
In July, an alliance that includes Air Arabia secured the contract to manage a new low-cost carrier in Saudi Arabia, the name of which is yet to be disclosed, operating from King Fahd International Airport in Dammam.
Sharjah Asset Management, a state-owned entity, holds an 18.55 percent stake in Air Arabia.
On Thursday, the airline’s shares on the Dubai stock exchange increased nearly 1 percent, reaching AED4.35, although the stock has decreased by 8 percent year-to-date.
