Air Arabia PJSC

Dubai Stock Exchange AIRARABIA.AE

Air Arabia PJSC Return on Assets (ROA) for the year ending December 31, 2023: 10.54%

Air Arabia PJSC Return on Assets (ROA) is 10.54% for the year ending December 31, 2023, a 24.58% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.
  • Air Arabia PJSC Return on Assets (ROA) for the year ending December 31, 2022 was 8.46%, a 56.42% change year over year.
  • Air Arabia PJSC Return on Assets (ROA) for the year ending December 31, 2021 was 5.41%, a 456.21% change year over year.
  • Air Arabia PJSC Return on Assets (ROA) for the year ending December 31, 2020 was -1.52%, a -119.66% change year over year.
  • Air Arabia PJSC Return on Assets (ROA) for the year ending December 31, 2019 was 7.73%, a 244.76% change year over year.
Key data
Date Return on Assets (ROA) Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio
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Dubai Stock Exchange: AIRARABIA.AE

Air Arabia PJSC

CEO Mr. Adel Abdullah Mohamed Al Ali
IPO Date Feb. 22, 2010
Location United Arab Emirates
Headquarters Building A1
Employees 2,000
Sector Consumer Discretionary
Industries
Description

Air Arabia PJSC, together with its subsidiaries, provides air travel services. It operates through two segments, Airline and Other. The company offers international commercial air transportation, aircraft rental, passengers transport, and cargo services, as well as aviation training, and aircraft repairs and maintenance services. It is also involved in the trading of aircraft and related spare parts. In addition, the company operates travel and tourist agencies, and airline companies' representative office services; manages lease contract; and provides documents transfer services, as well as IT services to aviation industry. Further, it manages and operates restaurants and hotels; flight and retail catering services; and rents hotel apartments. The company provides its services to approximately 170 destinations in the Middle East, North Africa, Asia, and Europe. The company was founded in 2003 and is headquartered in Sharjah, the United Arab Emirates.

StockViz Staff

January 15, 2025

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