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 2015 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 2015 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

Dubai stock market takes cue from oil rally The National Air Arabia rose by 0.8 per cent to Dh1.26, despite the company announcing a 13 per cent drop in fourth-quarter profit. Oil's early rise had little effect on shares in Abu Dhabi, which ended the day almost unchanged at 4,103.05. Agthia Group and Dana ... and moreá╗ More ...


News Item

MIDEAST STOCKS-Gulf may edge up as oil rises; earnings may aid Dubai Reuters Africa DUBAI Feb 8 ( Reuters ) - Stock markets in the Middle East may edge up on Monday as oil prices have firmed in early Asian trade, while Dubai's bourse may be supported by positive corporate earnings. Benchmark Brent futures were up 0.8 percent at $34.32 aá... and moreá╗ More ...


News Item

The National 'Can't buy that feeling': Danny Willett stays in command to win Dubai Desert Classic by one shot The National DUBAI // Danny Willett stood up to a sizeable test of his nerve and a late charge from his rivals, sealed the Omega Dubai Desert Classic title and, with it, a pretty nice boost to his bank balance, too. But having secured a one-shot victory courtesy of ... and moreá╗ More ...


News Item

The National Air Arabia profit dives as competition squeezes margins The National The Sharjah-based carrier Air Arabia reported a 13 per cent drop in net profit in the fourth quarter, as competition put pressure on margins and a gloomy geopolitical environment weighed on the sector. The only publicly listed airline in the UAE ... and moreá╗ More ...


News Item

The National Middle East carriers surpass North America airlines in market share The National Middle East airlines led the world in passenger growth last year, according to industry body the International Air Transport Association, in the process surpassing their North American counterparts in terms of international market share. The region's ... and moreá╗ More ...


News Item

The National Gone fishing: Delta CEO and vocal critic of Emirates, Etihad steps down The National One of the most colourful protaganists in the fierce open skies row between American and Gulf airlines will bow out of the aviation industry's front lines in the hope of a quieter life with his fishing gear. Delta Air Lines said on Wednesday that ... and moreá╗ More ...


News Item

The National Kuwait Airways retires 1350 Kuwaiti nationals, targets profitability The National Loss-making Kuwait Airways has let go of 1,350 Kuwaiti nationals during the last two years, part of a plan to cut costs and return to profit by 2019, the chief executive of the state-owned carrier told Reuters on Thursday. The airline has struggled to ... and moreá╗ More ...


News Item

Regional carriers increase air freight transport The National Middle Eastern carriers increased their air cargo by 11.3 per cent year-on-year in 2015, bucking a global slowdown. For December alone, airlines in the region transported 4 per cent more year-on-year, data from the International Air Transport ... and moreá╗ More ...


News Item

The National Qatar Airways link as Italian airline Meridiana seeks investment from partner The National Meridiana management and Italian government officials have met to discuss the possibility of finding an 'industry partnerÔÇŁ to invest in the carrier, amid speculation that Qatar Airways could take a stake. 'Today [Tuesday] Meridiana will meet the ... and moreá╗ More ...


News Item

The National Emirates starts A380 service to Washington as open skies row rumbles on The National Emirates has introduced its flagship Airbus A380 service on its Washington route as the open skies row between Gulf carriers and their American rivals was reignited. The A380 landed at Washington Dulles International Airport yesterday, having replaced ... and moreá╗ 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

Dubai stock market takes cue from oil rally The National Air Arabia rose by 0.8 per cent to Dh1.26, despite the company announcing a 13 per cent drop in fourth-quarter profit. Oil's early rise had little effect on shares in Abu Dhabi, which ended the day almost unchanged at 4,103.05. Agthia Group and Dana ... and moreá╗ More ...


News Item

MIDEAST STOCKS-Gulf may edge up as oil rises; earnings may aid Dubai Reuters Africa DUBAI Feb 8 ( Reuters ) - Stock markets in the Middle East may edge up on Monday as oil prices have firmed in early Asian trade, while Dubai's bourse may be supported by positive corporate earnings. Benchmark Brent futures were up 0.8 percent at $34.32 aá... and moreá╗ More ...


News Item

The National 'Can't buy that feeling': Danny Willett stays in command to win Dubai Desert Classic by one shot The National DUBAI // Danny Willett stood up to a sizeable test of his nerve and a late charge from his rivals, sealed the Omega Dubai Desert Classic title and, with it, a pretty nice boost to his bank balance, too. But having secured a one-shot victory courtesy of ... and moreá╗ More ...


News Item

The National Air Arabia profit dives as competition squeezes margins The National The Sharjah-based carrier Air Arabia reported a 13 per cent drop in net profit in the fourth quarter, as competition put pressure on margins and a gloomy geopolitical environment weighed on the sector. The only publicly listed airline in the UAE ... and moreá╗ More ...


News Item

The National Middle East carriers surpass North America airlines in market share The National Middle East airlines led the world in passenger growth last year, according to industry body the International Air Transport Association, in the process surpassing their North American counterparts in terms of international market share. The region's ... and moreá╗ More ...


News Item

The National Gone fishing: Delta CEO and vocal critic of Emirates, Etihad steps down The National One of the most colourful protaganists in the fierce open skies row between American and Gulf airlines will bow out of the aviation industry's front lines in the hope of a quieter life with his fishing gear. Delta Air Lines said on Wednesday that ... and moreá╗ More ...


News Item

The National Kuwait Airways retires 1350 Kuwaiti nationals, targets profitability The National Loss-making Kuwait Airways has let go of 1,350 Kuwaiti nationals during the last two years, part of a plan to cut costs and return to profit by 2019, the chief executive of the state-owned carrier told Reuters on Thursday. The airline has struggled to ... and moreá╗ More ...


News Item

Regional carriers increase air freight transport The National Middle Eastern carriers increased their air cargo by 11.3 per cent year-on-year in 2015, bucking a global slowdown. For December alone, airlines in the region transported 4 per cent more year-on-year, data from the International Air Transport ... and moreá╗ More ...


News Item

The National Qatar Airways link as Italian airline Meridiana seeks investment from partner The National Meridiana management and Italian government officials have met to discuss the possibility of finding an 'industry partnerÔÇŁ to invest in the carrier, amid speculation that Qatar Airways could take a stake. 'Today [Tuesday] Meridiana will meet the ... and moreá╗ More ...


News Item

The National Emirates starts A380 service to Washington as open skies row rumbles on The National Emirates has introduced its flagship Airbus A380 service on its Washington route as the open skies row between Gulf carriers and their American rivals was reignited. The A380 landed at Washington Dulles International Airport yesterday, having replaced ... and moreá╗ 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.