Air Arabia profit falls 51% to Dh374m as Middle East conflict hits flights and fuel costs
SHARJAH: UAE budget carrier Air Arabia’s net profit fell 51 per cent to Dh374 million in the first half of 2026 as the regional conflict disrupted flights , reduced capacity and pushed fuel prices to record highs. The Sharjah-based low-cost carrier reported revenue of Dh3.48 billion for the six months to June 30, down 1 per cent from…
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Also reported by 2 other outlets
- Wall St opens mixed as investors weigh Middle East tensions, data businesstimes.com.sg
- Xeneta analyst insight – Middle East war impact spreads to long term market hellenicshippingnews.com
