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 Air Arabia forum  Replies   Views   Last Post 
Air Arabia 2008Q4 profit AED136m +45% 10 798 19 Feb 09 16:46
Air Arabia expansion plans 0 281 08 Jan 09 16:47
Air Arabia share prices suppose to fall 17 1942 27 Dec 08 19:58
Air Arabia buys 10 more A320s 0 178 12 Nov 08 17:11
Air Arabia 08Q3 profit Dh214m +30% 3 416 09 Nov 08 15:04
Air Arabia Maroc 1 412 04 Nov 08 16:13
AA purchase today very below 1.10 1 498 21 Oct 08 12:46
Trading Air Arabia 13 1826 14 Oct 08 14:25
Air Arabia starts Kiev flights 10 694 04 Oct 08 02:29
Air Arabia Morgan Stanley report 2 906 25 Aug 08 11:49

AIRARABIA latest news (links open in new window)Top

News Item

Emirates 24/7 Cricket World Cup: 5 chances to WIN Dh350 and year's supply of tea Emirates 24/7 Emirates 24|7 brings you five chances to win for FREE – Dh350 in gift vouchers - supplied by Brooke Bond Red Label. One lucky winner will also win a year's supply of BBRL for free. The campaign is being undertaken to recognize and reward our loyal ... More ...


News Item

Emirates 24/7 Cricket World Cup 2015 FREE Offer: 5 chances to WIN Dh350 and a year's ... Emirates 24/7 Emirates 24|7 brings you five chances to win for FREE – Dh350 in gift vouchers - supplied by Brooke Bond Red Label. One lucky winner will also win a year's supply of BBRL for free. The campaign is being undertaken to recognize and reward our loyal ... and more » More ...


News Item

MIDEAST STOCKS-Gulf markets slide after US oil hits 6-year low Reuters DUBAI, March 18 ( Reuters ) - Gulf stock markets fell in panic sell-offs on Wednesday after U.S. crude futures dropped to a fresh six-year low and Brent oil also retreated. U.S. oil futures dropped about 3 percent and traded just above $42 per barrel after crude ... and more » More ...


News Item

Dubai leads Gulf market losses as oil price declines further The National Bourse operator Dubai Financial Market and low-cost carrier Air Arabia fell 3.6 and 7.6 per cent respectively as their shares no longer carried 2014 dividends. However, start-up stocks Marka and Dubai Parks climbed 1.7 and 1.1 per cent respectively. and more » More ...


News Item

Emirates 24/7 Sharjah-based Air Arabia launches passenger loyalty programme Emirates 24/7 Air Arabia has launched the a loyalty programme for passengers travelling via the airline's hubs in the UAE and Morocco. The Sharjah-based airline said the free 'Airewards' programme will allow passengers to earn points based on money spent rather than ... and more » More ...


News Item

Emirates 24/7 Low airfares from UAE: Mumbai Dh648 Emirates 24/7 Sharjah's Air Arabia is also offering this Indian hub at return fare of Dh799 in a 48-hour web promo that ends on March 10 for travel until May 31; while the Abu Dhabi-based Etihad Airways also has special India fares to include Mumbai at Dh825, New Delhi at ... More ...


News Item

Emirates 24/7 Turkish Airlines runway overshoot latest: UAE flights to Nepal affected Emirates 24/7 Nepalese rescue workers check the area around a Turkish Airlines plane after it slid off the tarmac at Kathmandu international airport on March 4, 2015. A Turkish Airlines plane carrying 224 passengers had to be evacuated after it missed the runway on ... and more » More ...


News Item

Emirates 24/7 Emirates, Etihad hiring captains; click here for salaries, credentials, perks Emirates 24/7 How much Emirates airline's pilots and cabin crew get paid · If you're a secretary in UAE, you'd get Dh6,843 a month · Emirates hiring First Officers: Click for pay · Get hired to fly Emirates A380: Deadline today · UAE's Etihad, Emirates, Air Arabia hiring cabin ... More ...


News Item

Emirates 24/7 Crowded skies: UAE to be busiest air corridor in world by 2020 Emirates 24/7 These numbers, according to Capa, are expected to reach 16 million by 2020 and 25 million per annum within 20 years – thanks fast growing Air Arabia , opening a new runway, taxiway and air traffic control facility which are enough to handle its needs for the ... and more » More ...


News Item

The National RAK's Al Marjan islands to rival Ibiza and Miami The National DUBAI // Music festivals and beach parties to rival Ibiza and Miami are planned across four man-made islands in Ras Al Khaimah. Property developers are in talks with music companies and promoters to stage shows that will transform the northernmost ... and more » More ...


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

AIRARABIA opinion, news, reports, researchTop

AIRARABIA Air Arabia forum  Replies   Views   Last Post 
Air Arabia 2008Q4 profit AED136m +45% 10 798 19 Feb 09 16:46
Air Arabia expansion plans 0 281 08 Jan 09 16:47
Air Arabia share prices suppose to fall 17 1942 27 Dec 08 19:58
Air Arabia buys 10 more A320s 0 178 12 Nov 08 17:11
Air Arabia 08Q3 profit Dh214m +30% 3 416 09 Nov 08 15:04
Air Arabia Maroc 1 412 04 Nov 08 16:13
AA purchase today very below 1.10 1 498 21 Oct 08 12:46
Trading Air Arabia 13 1826 14 Oct 08 14:25
Air Arabia starts Kiev flights 10 694 04 Oct 08 02:29
Air Arabia Morgan Stanley report 2 906 25 Aug 08 11:49
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 Cricket World Cup: 5 chances to WIN Dh350 and year's supply of tea Emirates 24/7 Emirates 24|7 brings you five chances to win for FREE – Dh350 in gift vouchers - supplied by Brooke Bond Red Label. One lucky winner will also win a year's supply of BBRL for free. The campaign is being undertaken to recognize and reward our loyal ... More ...


News Item

Emirates 24/7 Cricket World Cup 2015 FREE Offer: 5 chances to WIN Dh350 and a year's ... Emirates 24/7 Emirates 24|7 brings you five chances to win for FREE – Dh350 in gift vouchers - supplied by Brooke Bond Red Label. One lucky winner will also win a year's supply of BBRL for free. The campaign is being undertaken to recognize and reward our loyal ... and more » More ...


News Item

MIDEAST STOCKS-Gulf markets slide after US oil hits 6-year low Reuters DUBAI, March 18 ( Reuters ) - Gulf stock markets fell in panic sell-offs on Wednesday after U.S. crude futures dropped to a fresh six-year low and Brent oil also retreated. U.S. oil futures dropped about 3 percent and traded just above $42 per barrel after crude ... and more » More ...


News Item

Dubai leads Gulf market losses as oil price declines further The National Bourse operator Dubai Financial Market and low-cost carrier Air Arabia fell 3.6 and 7.6 per cent respectively as their shares no longer carried 2014 dividends. However, start-up stocks Marka and Dubai Parks climbed 1.7 and 1.1 per cent respectively. and more » More ...


News Item

Emirates 24/7 Sharjah-based Air Arabia launches passenger loyalty programme Emirates 24/7 Air Arabia has launched the a loyalty programme for passengers travelling via the airline's hubs in the UAE and Morocco. The Sharjah-based airline said the free 'Airewards' programme will allow passengers to earn points based on money spent rather than ... and more » More ...


News Item

Emirates 24/7 Low airfares from UAE: Mumbai Dh648 Emirates 24/7 Sharjah's Air Arabia is also offering this Indian hub at return fare of Dh799 in a 48-hour web promo that ends on March 10 for travel until May 31; while the Abu Dhabi-based Etihad Airways also has special India fares to include Mumbai at Dh825, New Delhi at ... More ...


News Item

Emirates 24/7 Turkish Airlines runway overshoot latest: UAE flights to Nepal affected Emirates 24/7 Nepalese rescue workers check the area around a Turkish Airlines plane after it slid off the tarmac at Kathmandu international airport on March 4, 2015. A Turkish Airlines plane carrying 224 passengers had to be evacuated after it missed the runway on ... and more » More ...


News Item

Emirates 24/7 Emirates, Etihad hiring captains; click here for salaries, credentials, perks Emirates 24/7 How much Emirates airline's pilots and cabin crew get paid · If you're a secretary in UAE, you'd get Dh6,843 a month · Emirates hiring First Officers: Click for pay · Get hired to fly Emirates A380: Deadline today · UAE's Etihad, Emirates, Air Arabia hiring cabin ... More ...


News Item

Emirates 24/7 Crowded skies: UAE to be busiest air corridor in world by 2020 Emirates 24/7 These numbers, according to Capa, are expected to reach 16 million by 2020 and 25 million per annum within 20 years – thanks fast growing Air Arabia , opening a new runway, taxiway and air traffic control facility which are enough to handle its needs for the ... and more » More ...


News Item

The National RAK's Al Marjan islands to rival Ibiza and Miami The National DUBAI // Music festivals and beach parties to rival Ibiza and Miami are planned across four man-made islands in Ras Al Khaimah. Property developers are in talks with music companies and promoters to stage shows that will transform the northernmost ... 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.