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

Emirates 24/7 Sharjah airport passenger traffic increases 7% in April Emirates 24/7 Al Midfa also added: 'The presence of Air Arabia , our national carrier, indeed adds a great value to Sharjah International Airport, with all its unique services among travelers. We also make sure that our passengers are met and handled efficiently, while ... and more » More ...


News Item

The National Abraaj adds $30 million to regional SME investment fund The National Abraaj manages about $9 billion and has stakes in companies such as the Sharjah-based Air Arabia and the Spinneys supermarket chain. Auvest Group, which is made up mostly of former Abraaj executives, offers investment management services to ... and more » More ...


News Item

Emirates 24/7 'Inebriated' Indian pilot barred from flying out Emirates 24/7 The pilot was taken for a medical examination, testing positive for a high proportion alcohol. (Shutterstock). An official source at Sharjah International Airport Authority has confirmed an incident involving an Indian pilot being barred from flying a passenger ... and more » More ...


News Item

The National UAE travellers can save serious money with low-cost airlines The National But flying with Air Arabia from Sharjah to Kochi, then Air Asia to Sydney via Kuala Lumpur, brings that down to Dh3,309. There is a catch, however: the total journey time is a whopping 55 hours 20 minutes – almost double that of the direct flights with Emirates. More ...


News Item

MIDEAST STOCKS - Factors to watch - May 11 Reuters UK DUBAI May 11 Here are some factors that may affect Middle East stock markets on Monday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL. * GLOBAL MARKETS- Asia shares rise as China steps ... More ...


News Item

MIDEAST STOCKS-Gulf markets mixed after Brent oil drops from 2015 high Reuters UAE's Arabtec, Air Arabia , Aldar rise ahead of Q1 results. * But Air Arabia misses analysts' estimates. * Telecom Egypt drops before MSCI index review. By Olzhas Auyezov. DUBAI, May 10 ( Reuters ) - Gulf stock markets were mixed on Sunday as weaker oil ... and more » More ...


News Item

Surge in Air Arabia profit on the back of new routes The National Air Arabia said its first-quarter profit gained 9 per cent as the largest low-cost carrier in the Middle East introduced new destinations and brought more passengers on board. As crude oil prices flounder and violence flares in Yemen, the Sharjah-based carrier ... and more » More ...


News Item

Etihad flight diverted to UAE airbase due to security reasons Reuters Last week, an Air Arabia flight from Kuwait to the UAE city of Sharjah was diverted to Al Menhad air base after its crew reported that a passenger had claimed that the aircraft would explode. The report turned out to be a false alarm. (Reporting by Hadeel Al ... and more » More ...


News Item

Emirates 24/7 Etihad Cairo-Abu Dhabi flight diverted to Dubai airbase over alert Emirates 24/7 On May 5, an Air Arabia flight from Kuwait was boarded by authorities after landing in Minhad airbase over a security threat. However, a spokesperson stated later that Flight G9128, bound for Sharjah, was diverted over an 'unruly passenger'. Print. Twitter ... and more » More ...


News Item

Bloomberg Businessweek Middle East - Business news and analysis Lifting Iran Sanctions a Boon for Trade with Dubai Bloomberg Businessweek Middle East - Business news and analysis Few places are better located to benefit than the United Arab Emirates, Iran's second-biggest trading partner after China since 2009, data compiled by Bloomberg show. Investors signalled their enthusiasm on the first day of trading after ... Other non-oil sectors that could profit include logistics, construction, tourism, real estate and airlines, including Air Arabia , a Sharjah-based budget carrier that flies to seven Iranian cities, economists and analysts says. Towering above the dhows being loaded down at Dubai's creek, ... 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

Emirates 24/7 Sharjah airport passenger traffic increases 7% in April Emirates 24/7 Al Midfa also added: 'The presence of Air Arabia , our national carrier, indeed adds a great value to Sharjah International Airport, with all its unique services among travelers. We also make sure that our passengers are met and handled efficiently, while ... and more » More ...


News Item

The National Abraaj adds $30 million to regional SME investment fund The National Abraaj manages about $9 billion and has stakes in companies such as the Sharjah-based Air Arabia and the Spinneys supermarket chain. Auvest Group, which is made up mostly of former Abraaj executives, offers investment management services to ... and more » More ...


News Item

Emirates 24/7 'Inebriated' Indian pilot barred from flying out Emirates 24/7 The pilot was taken for a medical examination, testing positive for a high proportion alcohol. (Shutterstock). An official source at Sharjah International Airport Authority has confirmed an incident involving an Indian pilot being barred from flying a passenger ... and more » More ...


News Item

The National UAE travellers can save serious money with low-cost airlines The National But flying with Air Arabia from Sharjah to Kochi, then Air Asia to Sydney via Kuala Lumpur, brings that down to Dh3,309. There is a catch, however: the total journey time is a whopping 55 hours 20 minutes – almost double that of the direct flights with Emirates. More ...


News Item

MIDEAST STOCKS - Factors to watch - May 11 Reuters UK DUBAI May 11 Here are some factors that may affect Middle East stock markets on Monday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL. * GLOBAL MARKETS- Asia shares rise as China steps ... More ...


News Item

MIDEAST STOCKS-Gulf markets mixed after Brent oil drops from 2015 high Reuters UAE's Arabtec, Air Arabia , Aldar rise ahead of Q1 results. * But Air Arabia misses analysts' estimates. * Telecom Egypt drops before MSCI index review. By Olzhas Auyezov. DUBAI, May 10 ( Reuters ) - Gulf stock markets were mixed on Sunday as weaker oil ... and more » More ...


News Item

Surge in Air Arabia profit on the back of new routes The National Air Arabia said its first-quarter profit gained 9 per cent as the largest low-cost carrier in the Middle East introduced new destinations and brought more passengers on board. As crude oil prices flounder and violence flares in Yemen, the Sharjah-based carrier ... and more » More ...


News Item

Etihad flight diverted to UAE airbase due to security reasons Reuters Last week, an Air Arabia flight from Kuwait to the UAE city of Sharjah was diverted to Al Menhad air base after its crew reported that a passenger had claimed that the aircraft would explode. The report turned out to be a false alarm. (Reporting by Hadeel Al ... and more » More ...


News Item

Emirates 24/7 Etihad Cairo-Abu Dhabi flight diverted to Dubai airbase over alert Emirates 24/7 On May 5, an Air Arabia flight from Kuwait was boarded by authorities after landing in Minhad airbase over a security threat. However, a spokesperson stated later that Flight G9128, bound for Sharjah, was diverted over an 'unruly passenger'. Print. Twitter ... and more » More ...


News Item

Bloomberg Businessweek Middle East - Business news and analysis Lifting Iran Sanctions a Boon for Trade with Dubai Bloomberg Businessweek Middle East - Business news and analysis Few places are better located to benefit than the United Arab Emirates, Iran's second-biggest trading partner after China since 2009, data compiled by Bloomberg show. Investors signalled their enthusiasm on the first day of trading after ... Other non-oil sectors that could profit include logistics, construction, tourism, real estate and airlines, including Air Arabia , a Sharjah-based budget carrier that flies to seven Iranian cities, economists and analysts says. Towering above the dhows being loaded down at Dubai's creek, ... 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.