Air Arabia PJSC 2021 AR2
The report highlights Air Arabia's financial and operational recovery in 2021, recording a net profit of AED 720 million, a significant increase from the previous year's loss. Despite ongoing pandemic challenges, the airline expanded its network by adding 44 new routes across its hubs and announced new joint ventures to launch 'Fly Arna' in Armenia and 'Fly Jinnah' in Pakistan. Air Arabia also took delivery of a new Airbus A321neo-LR aircraft, bringing its total fleet to 58. On the sustainability front, the company continued its 'Charity Cloud' initiative, providing education and healthcare to underprivileged communities, and maintained its commitment to environmental efficiency by operating a young, fuel-efficient fleet.
Company: Air Arabia PJSC
Sector: Transport & logistics
Country: United Arab Emirates
Year: 2021
Type: AR2
Pages: 22
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Air Arabia PJSC
Annual Report
The report highlights Air Arabia's financial and operational recovery in 2021, recording a net profit of AED 720 million, a significant increase from the previous year's loss. Despite ongoing pandemic challenges, the airline expanded its network by adding 44 new routes across its hubs and announced new joint ventures to launch 'Fly Arna' in Armenia and 'Fly Jinnah' in Pakistan. Air Arabia also took delivery of a new Airbus A321neo-LR aircraft, bringing its total fleet to 58. On the sustainability front, the company continued its 'Charity Cloud' initiative, providing education and healthcare to underprivileged communities, and maintained its commitment to environmental efficiency by operating a young, fuel-efficient fleet.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees