Air Arabia, a leading low-cost airline based in the UAE, has posted strong financial results for the third quarter of 2024, with net profit rising by 8% to $153.5 million. This growth was supported by a 10% increase in turnover, which reached $484 million. The airline’s financial performance reflects its resilience and effective management in a competitive aviation market. Additionally, Air Arabia reported…
Pakistan’s government, in its bid to privatize Pakistan International Airlines (PIA), received only one bid from a shortlist of six potential bidders. Blue World City, a major real estate consortium with diversified interests, has emerged as the sole bidder for a 60% stake in PIA. This privatization aligns with Prime Minister Shehbaz Sharif‘s commitments to…
Air Arabia (UAE) has expanded its fleet with the delivery of an Airbus A320, serial number 5058, A6-AQE, equipped with CFM56-5B4/3 engines. The aircraft is leased and joins Air Arabia’s fleet as part of its ongoing strategy to strengthen operational efficiency and meet growing travel demand. Known for their reliability and fuel efficiency, the CFM56-5B…
