AIRARABIA - Air Arabia

 Home | New Investors | company results | Companies | UAE Brokers | Stock Forum | Latest posts | UAE news

Forum Topics
Recent News
Comments
Financial Reports
Contact and Links
          

Java support must be enabled in order to display FnCharts.
You can download Java from http://www.java.com

Share prices in AED | Chart help
Interactive Stock Charts provided by WD SOFTWARE

Share price 15 Apr 2009 0.97 dhs
Price/earnings (annualised)
Latest report AIRARABIA 2008 FY report
Stock market Dubai Financial Market
Founding date 28 Jan 2003 Listing date 17 Jul 2007
Auditor Deloitte and Touche
Chairman of AIRARABIA Sheikh Abdulla Bin Mohamed Al Thani
CEO of AIRARABIA Adel Ali
Foreign ownership limit Maximum 49%
Total shares outstanding 4,666,700,000
Market capitalisation (AED) 4,526,699,000
Par value 1 Dh per share
Dividends for 2014 FY
Cash dividend yield
Fair Value estimate
Share price rating  
Difference from fair value
Consider buying below
Consider selling above
Latest share data for AIRARABIA orders | trades | chart
Ratings, estimates, comments are opinions only, and are not to be taken as advice to buy, sell or hold shares. E&OE.
AIRARABIA reports
* annualised
Date Profit
AED
EPS
AED
EPS*
AED
Price
AED
PE* PBV ROE* ROS
AIRARABIA 2008 FY 15 Feb 2009 0.51bn 0.11 0.11 0.92 8.4 0.8 9.4% 24.7%
AIRARABIA 2008 Q4 15 Feb 2009 136m 0.03 0.12 0.92 7.9 0.8 10.0% 23.8%
AIRARABIA 2008 Q3 08 Nov 2008 214m 0.05 0.18 1.17 6.4 1.0 15.8% 34.3%
AIRARABIA 2008 Q2 03 Aug 2008 81.5m 0.02 0.07 1.60 22.9 1.4 6.2% 16.7%
AIRARABIA 2008 Q1 11 May 2008 78.3m 0.02 0.07 2.04 30.4 1.9 6.1% 20.4%
AIRARABIA 2007 FY 13 Feb 2008 282m 0.06 0.06 2.04 33.8 1.9 5.6% 35.1%
AIRARABIA 2007 Q4 13 Feb 2008 93.6m 0.02 0.08 2.04 25.4 1.9 7.4% 25.1%
AIRARABIA 2007 Q3 04 Nov 2007 165m 0.04 0.14 1.68 11.9 1.6 13.4% 44.7%
AIRARABIA 2007 Q2 24 Jul 2007 71.7m 0.02 0.06 1.09 17.7 1.1 6.0%  
AIRARABIA 2007 Q1 02 May 2007 43.4m           99.8% 17.2%
AIRARABIA 2006 FY 31 Jan 2007 101m           58.1% 13.5%
Share price 15 Apr 2009 0.97 dhs
Price/earnings (annualised)
Latest report AIRARABIA 2008 FY report
Stock market Dubai Financial Market
Founding date 28 Jan 2003 Listing date 17 Jul 2007
Auditor Deloitte and Touche
Chairman of AIRARABIA Sheikh Abdulla Bin Mohamed Al Thani
CEO of AIRARABIA Adel Ali
Foreign ownership limit Maximum 49%
Total shares outstanding 4,666,700,000
Market capitalisation (AED) 4,526,699,000
Par value 1 Dh per share
Dividends for 2014 FY
Cash dividend yield
Fair Value estimate
Share price rating  
Difference from fair value
Consider buying below
Consider selling above
Latest share data for AIRARABIA orders | trades | chart
Ratings, estimates, comments are opinions only, and are not to be taken as advice to buy, sell or hold shares. E&OE.
AIRARABIA reports
* annualised
Date Profit
AED
EPS
AED
EPS*
AED
Price
AED
PE* PBV ROE* ROS
AIRARABIA 2008 FY 15 Feb 2009 0.51bn 0.11 0.11 0.92 8.4 0.8 9.4% 24.7%
AIRARABIA 2008 Q4 15 Feb 2009 136m 0.03 0.12 0.92 7.9 0.8 10.0% 23.8%
AIRARABIA 2008 Q3 08 Nov 2008 214m 0.05 0.18 1.17 6.4 1.0 15.8% 34.3%
AIRARABIA 2008 Q2 03 Aug 2008 81.5m 0.02 0.07 1.60 22.9 1.4 6.2% 16.7%
AIRARABIA 2008 Q1 11 May 2008 78.3m 0.02 0.07 2.04 30.4 1.9 6.1% 20.4%
AIRARABIA 2007 FY 13 Feb 2008 282m 0.06 0.06 2.04 33.8 1.9 5.6% 35.1%
AIRARABIA 2007 Q4 13 Feb 2008 93.6m 0.02 0.08 2.04 25.4 1.9 7.4% 25.1%
AIRARABIA 2007 Q3 04 Nov 2007 165m 0.04 0.14 1.68 11.9 1.6 13.4% 44.7%
AIRARABIA 2007 Q2 24 Jul 2007 71.7m 0.02 0.06 1.09 17.7 1.1 6.0%  
AIRARABIA 2007 Q1 02 May 2007 43.4m           99.8% 17.2%
AIRARABIA 2006 FY 31 Jan 2007 101m           58.1% 13.5%

AIRARABIA opinion, news, reports, researchTop

AIRARABIA latest news (links open in new window)Top

News Item

The National UAE shares edge up amid month-end window dressing The National The budget carrier Air Arabia was also among the winners, gaining 1.9 per cent to Dh1.60. 'It will be interesting to see how DIB performs in August,ā€¯ said Mr Manibhandu. 'The results came out and they were very impressive. Obviously there is some short ... and more » More ...


News Item

Emirates 24/7 Burning coal in chute sparks Shj fire Emirates 24/7 Hundreds of residents of the building had to be evacuated by the civil defence and police. (File). A catastrophe was averted in Sharjah when civil defence units acted swiftly to put out a fire that swept through a high-rise building and choked nearly ... More ...


News Item

The National Lifting of sanctions brings hopes for Iran Air fleet frozen in time The National Between Etihad, Emirates, Air Arabia and flydubai, the Iranian market is substantially covered. Emirates offers four daily flights between Dubai and Tehran. Its sister budget airline, flydubai, serves 10 cities in Iran, including Mashhad, Ahwaz, Bandar ... More ...


News Item

Emirates 24/7 Dubai business confidence rebounds sharply Emirates 24/7 Dubai Economy Tracker launched: Construction, retail, trade booming · Sharp increase in UAE job creation as business booms · Jobs in UAE, business activity surge to new record high · UAE October PMI at 15-month high · Emirates, Etihad, Air Arabia , ... and more » More ...


News Item

Emirates 24/7 Last-minute 72-hour Eid getaways for UAE residents Emirates 24/7 With the Eid weekend just a few days away, here are top budget friendly getaways for those of you who have yet to firm up their travel plans. From rafting in Antalya to dining with turtles in Bentota, there is a weekend adventure just waiting to be ... More ...


News Item

The National Abraaj buys majority stake in Nigerian mattress manufacturer Mouka The National Abraaj, one of the largest private equity firms in the region with assets of about US$9 billion, has stakes in companies such as the low-cost carrier Air Arabia and the supermarket chain Spinneys. This year it closed a $990 million Sub-Saharan Africa ... and more » More ...


News Item

Abraaj sells stake in UAP Holdings The National Abraaj has exited the East African insurance company UAP Holdings through the sale of its 13.6 per cent stake, the Dubai-based private equity firm said today. Old Mutual, a London-listed international investment, savings, insurance and banking group, ... and more » More ...


News Item

Emirates 24/7 Air Arabia named best low-cost airline in Middle East Emirates 24/7 We are delighted to be once again named the region's top low-cost carrier, said Adel A. Ali, Group Chief Executive Officer of Air Arabia . Winning the Skytrax award is particularly pleasing as it is based on levels of customer satisfaction, which is ... and more » More ...


News Item

Busy day for Amlak shares amid lacklustre Dubai trading The National Air Arabia and Dubai Parks and Resorts acted as a drag on gains, shedding 1.2 per cent and 0.8 per cent respectively. The Abu Dhabi Securities Exchange General Index rose 0.4 per cent on the capital's quietest day of trading of the year so far. The ... and more » More ...


News Item

The National Saudi Arabian shares slip as details of foreign investors are disclosed The National Dubai Parks & Resorts and Air Arabia were among the main gainers, closing up 2.56 per cent and 0.61 per cent respectively. Amlak Finance opened up 7.8 per cent in early trading, but retreated gradually and ended unchanged at Dh2.17. Shares in the ... and more » More ...


Newsfeed from Google News. See also latest UAE market news.

AIRARABIA opinion, news, reports, researchTop

Air Arabia financial statements & accountsTop
PDF files (new window) 2004 2005 2006 2007 2008
AIRARABIA First Quarter         2008Q1
AIRARABIA Second Quarter         2008Q2
AIRARABIA Third Quarter       2007Q3  2008Q3
AIRARABIA Preliminary FY Report        2007PR  2008PR 
AIRARABIA Final Annual Report       2007FY

Links are to the relevant PDF report on the ESCA website and are provided as a convenience by ShareWadi.com. We are not responsible for the content or availability of any external sites or pages. If accounts are not available from ESCA, try the ADX or DFM website.

AIRARABIA latest news (links open in new window)Top

News Item

The National UAE shares edge up amid month-end window dressing The National The budget carrier Air Arabia was also among the winners, gaining 1.9 per cent to Dh1.60. 'It will be interesting to see how DIB performs in August,ā€¯ said Mr Manibhandu. 'The results came out and they were very impressive. Obviously there is some short ... and more » More ...


News Item

Emirates 24/7 Burning coal in chute sparks Shj fire Emirates 24/7 Hundreds of residents of the building had to be evacuated by the civil defence and police. (File). A catastrophe was averted in Sharjah when civil defence units acted swiftly to put out a fire that swept through a high-rise building and choked nearly ... More ...


News Item

The National Lifting of sanctions brings hopes for Iran Air fleet frozen in time The National Between Etihad, Emirates, Air Arabia and flydubai, the Iranian market is substantially covered. Emirates offers four daily flights between Dubai and Tehran. Its sister budget airline, flydubai, serves 10 cities in Iran, including Mashhad, Ahwaz, Bandar ... More ...


News Item

Emirates 24/7 Dubai business confidence rebounds sharply Emirates 24/7 Dubai Economy Tracker launched: Construction, retail, trade booming · Sharp increase in UAE job creation as business booms · Jobs in UAE, business activity surge to new record high · UAE October PMI at 15-month high · Emirates, Etihad, Air Arabia , ... and more » More ...


News Item

Emirates 24/7 Last-minute 72-hour Eid getaways for UAE residents Emirates 24/7 With the Eid weekend just a few days away, here are top budget friendly getaways for those of you who have yet to firm up their travel plans. From rafting in Antalya to dining with turtles in Bentota, there is a weekend adventure just waiting to be ... More ...


News Item

The National Abraaj buys majority stake in Nigerian mattress manufacturer Mouka The National Abraaj, one of the largest private equity firms in the region with assets of about US$9 billion, has stakes in companies such as the low-cost carrier Air Arabia and the supermarket chain Spinneys. This year it closed a $990 million Sub-Saharan Africa ... and more » More ...


News Item

Abraaj sells stake in UAP Holdings The National Abraaj has exited the East African insurance company UAP Holdings through the sale of its 13.6 per cent stake, the Dubai-based private equity firm said today. Old Mutual, a London-listed international investment, savings, insurance and banking group, ... and more » More ...


News Item

Emirates 24/7 Air Arabia named best low-cost airline in Middle East Emirates 24/7 We are delighted to be once again named the region's top low-cost carrier, said Adel A. Ali, Group Chief Executive Officer of Air Arabia . Winning the Skytrax award is particularly pleasing as it is based on levels of customer satisfaction, which is ... and more » More ...


News Item

Busy day for Amlak shares amid lacklustre Dubai trading The National Air Arabia and Dubai Parks and Resorts acted as a drag on gains, shedding 1.2 per cent and 0.8 per cent respectively. The Abu Dhabi Securities Exchange General Index rose 0.4 per cent on the capital's quietest day of trading of the year so far. The ... and more » More ...


News Item

The National Saudi Arabian shares slip as details of foreign investors are disclosed The National Dubai Parks & Resorts and Air Arabia were among the main gainers, closing up 2.56 per cent and 0.61 per cent respectively. Amlak Finance opened up 7.8 per cent in early trading, but retreated gradually and ended unchanged at Dh2.17. Shares in the ... and more » More ...


Newsfeed from Google News. See also latest UAE market news.

Air Arabia comments & notesTop

Air Arabia share capital and dividends
  • 31 December 2007 - 4,666,700,000 shares outstanding
Air Arabia listing and profits - update 05 July 2007

Air Arabia announced that they would be listing on 17 July 2007, company financial statements would be available from 07 July 2007.

Air Arabia profits for 2006 were 101m dhs, an increase of 222% on 31m dhs in 2005. Forecast profits (from Shuaa Capital March 2007) for 2007 are 226m dhs, rising to 369m dhs for 2011. Calculations of EPS (earnings per share) mean that even at par value, Air Arabia shares look somewhat pricey compared to many other stocks on the DFM. An optimist might feel the forecasted profits are a little conservative considering the growth plans that Air Arabia has.

Air Arabia IPO

Air Arabia is a budget or low-cost airline operating out of Sharjah International Airport with flights to the Middle East and Asia. The airline broke even in its second year of operations and was profitable in its third. The Air Arabia IPO was held from 18 - 27 March 2007 and was open to foreigners and Emirati investors, with 55% of the total share issued available for subscription. It closed a disappointing 1.5x oversubscribed - much lower than IPOs through 2005 and 2006 in the UAE with oversubscription rates of tens and hundreds of times.

Founders subscribed for 45% or 2,100,000,000 shares. Major founding shareholders are:

  • Sharjah Department of Civil Aviation - 490m shares
  • Al Maha Holding Company Free Zone - 420m shares
  • Sharjah International Airport Authority - 322m shares
  • IGCF SPV 4 Limited Cayman Islands - 200m shares
  • IGCF SPV 5 Limited Cayman Islands - 100m shares
Air Arabia Dividend Policy and Foreign Ownership

The Air Arabia IPO Prospectus said the Dividend Policy would be that 25% of profits to be distributed as dividends (payout ratio), subject to Board of Directors recommendation and shareholder approval. Foreign ownership figure is an estimate only and may not be correct, an official value has not been seen (as of 05 July 2007).

Contact details and investor informationTop
  • Air Arabia, PO Box 132, Sharjah, UAE. Tel +971-6-5088800.
  • www.airarabia.com - AIRARABIA website home page.
  • contactus@airarabia.com - Air Arabia email.
AIRARABIA - related external links (open in new window)Top
  • www.sca.ae - ESCA profile. Includes share ownership details, board of director names, meeting dates, financial statements and annual report.
  • www.dfm.ae - DFM information, financial disclosures and news.

Disclaimer: ShareWadi.com and DubaiShareTalk.com provide UAE stockmarket related information, but do not offer investment advisory services, or brokerage services. Investing in shares is risky, you can lose some or all of your money and/or other assets. Anything you read on this site should be regarded as the opinion of the author only and is not to be taken as advice to buy, sell, or hold shares and/or other investments. Do not make investment decisions without due diligence and/or professional advice. In particular, do not assume anything you read on this site is correct or accurate. You should make your own investigations to determine if information is accurate and ultimately, you should accept that you and you alone are responsible for any investing decisions you make.

daily market reports | Calendar | Abu Dhabi Securities Exchange | Dubai Financial Market | ADSM DFM forms | Links | news & research | UAE IPO
RSS (daily market report) | DFM ADSM forum | FAQs | Dubai stock exchange | Contact Us | About Us | Terms of Service | Privacy Policy | Advertise

Copyright © ShareWadi.com 2005-2008. Any company names or product names used on this site, discussion forum, and/or communications from anyone associated with this website are the trademarks or registered trademarks of their respective holders.
This page last updated 26-Nov-2009. Company information last updated 03 Aug 2008. E & OE.