Air Arabia reported a net profit of AED 278 million for the first quarter ending March 31, 2026, a 22% decline compared to AED 355 million in Q1 2025. This decrease was driven by regional conflict that resulted in airspace closures and temporary operational restrictions.
First-quarter turnover reached AED 1.8 billion, representing a marginal 1% increase year-on-year, as strong demand for travel helped offset the sharp reduction in capacity experienced during the period.
Operational efficiency improved as the average seat load factor rose 2 percentage points to 86%, even as total passenger volume across all hubs fell 5% to 4.7 million due to the restricted flight environment.
Management highlighted a cautious outlook for the remainder of 2026, citing ongoing uncertainty from fuel price volatility, inflationary costs, and global supply chain pressures that continue to impact the aviation industry.