• EMAARDEVGeneral Information regarding the listing of the company
  • EMAARDEVFinancial Statements of the Company
10:00
01 january 2014
Home > Issuers > Listed Securities > Securities > Company Profile Page

Air Arabia PJSC

AIRARABIA
1.230
-0.010
-0.810%
Summary Period

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  • Market: DFM
  • Symbol: AIRARABIA
  • ISIN: AEA003001012
  • Sector: Transportation

Company Brief

Country of Origin: United Arab Emirates

Air Arabia P.J.S.C. (Air Arabia) – Sharjah (the “Company”) was incorporated on June 19, 2007 as a Public Joint Stock Company in accordance with UAE Federal Law No. 8 of 1984 (as amended). The Company operates in the United Arab Emirates under a trade license issued by the Economic Development Department of the Government of Sharjah and Air Operator's Certificate Number AC 2 issued by the General Civil Aviation Authority, United Arab Emirates. The “Group” comprises Air Arabia P.J.S.C. (Air Arabia) and its Subsidiaries.

The Company’s ordinary shares are listed on the Dubai Financial Market, United Arab Emirates.

The licensed activities of the Company and its subsidiaries (together referred to as the “Group”) are international commercial air transportation, aircraft trading, aircraft rental, aircraft rent, aircraft spare parts trading, travel and tourist agencies, hotels, hotel apartment rentals, airline companies representative office, passengers transport, cargo services, air cargo agents, documents transfer services, telecommunications devices trading, aviation training and aircraft repairs and maintenance

Key Facts

ESTABLISHED

Mar 3, 2003

AUDITOR

KPMG

FISCAL YEAR END

DECEMBER

REGISTRAR

National Bank of Abu Dhabi

Board Members

CHAIRMAN

Sheikh Abdullah Bin Mohamed Al Thani

MEMBERS

Mr. Adel Abdulla Mohamed Ali

Dr. Ghanem Mohamed Obaid Al Hajri

Sheikh Khalid bin Issam Al Qassimi

Sheikh Mohammed Abdullah Bin Mohamed Al Thani

Mr. Waleed  Ibrahim Al Sayegh

Mr. Arif Naqvi

Top Management

Chief Executive Officer

Mr. Adel Ali

Director of Finance

Mr. Paul Suckling

Director of Operations

Fernando Val

Director Of Engineer
Ismael Mohammed


Contact Information
Investors Relationship manager

Abdelrahman Bin Taliah 

Title: Manager Corporate Affairs & Investors 

Address P.O. Box 132 Sharjah, UAE 

Phone
(+9716) 508 8977

 Fax
 (+9716) 558 0244

Equity Profile

DATE OF LISTING

Jul 17, 2007

SECTOR

Transportation

AUTHORIZED CAPITAL

4,666,700,000.00 AED

ISSUED SHARES

4,666,700,000.00

PER VALUE SHARE

1.00 AED

Subsidiaries

Sharjah Aviation Services UAE 50.00 %
Cozmo Travel UAE 51.00 %
Information Systems Associates FZC UAE 50.00 %
Alpha Aviation Academy UAE 50.00 %
Alpha Flight Services UAE 50.00 %

Contact Details

Head Office

Sharjah International Airport, Sharjah

Address

Po Box 132 Sharjah, UAE

Phone No.

+971 6 508 8888

Fax No.

+971 6 558 0011

Email address:

abintaliah@airarabia.com

Website

www.airarabia.com

Showing Last 10 Disclosures - AIRARABIA View all
AIRARABIA 06-11-2017 08:16 AM

Financial statements for the 3rd QTR of 2017

1 File(s)
AIRARABIA 06-11-2017 08:13 AM

Press release regarding financial results for the 3rd QTR of 2017

1 File(s)
AIRARABIA 06-11-2017 08:10 AM

Results of BOD meeting including interim condensed consolidated financial statements for the 3rd QTR of 2017

2 File(s)
AIRARABIA 31-10-2017 02:26 AM

BOD meeting

1 File(s)
AIRARABIA 10-09-2017 09:38 AM

Results of BOD meeting

1 File(s)
AIRARABIA 04-09-2017 03:02 AM

BOD meeting

1 File(s)
AIRARABIA 08-08-2017 08:18 AM

Press release regarding financial results for the 2nd QTR of 2017

1 File(s)
AIRARABIA 08-08-2017 08:15 AM

Results of BOD meeting including interim condensed consolidated financial statements for the 2nd QTR of 2017

2 File(s)
AIRARABIA 31-07-2017 08:11 AM

BOD meeting

1 File(s)
AIRARABIA 30-06-2017 10:30 AM

Financial statements for the 2nd QTR of 2017

1 File(s)
Showing Last 10 Issuer News - AIRARABIA View all
No data could be found.
Showing Last 10 Financial Reports - AIRARABIA View all
AIRARABIA 06-11-2017 08:16 AM

Financial statements for the 3rd QTR of 2017

1 File(s)
AIRARABIA 30-06-2017 10:30 AM

Financial statements for the 2nd QTR of 2017

1 File(s)
AIRARABIA 07-05-2017 10:30 AM

Financial statements for the 1st QTR of 2017

1 File(s)
AIRARABIA 31-12-2016 01:22 AM

Financial statements for the year of 2016

1 File(s)
AIRARABIA 30-09-2016 10:30 AM

Financial statements for the 3rd QTR of 2016

1 File(s)
AIRARABIA 30-06-2016 12:57 AM

Financial statements for the 2nd QTR of 2016

1 File(s)
AIRARABIA 12-05-2016 04:18 AM

Financial statements for the 1st QTR of 2016

1 File(s)
AIRARABIA 28-04-2016 03:20 AM

Financial statements for the year of 2015

1 File(s)
AIRARABIA 08-11-2015 03:32 AM

Financial statements for the 3rd QTR of 2015

1 File(s)
AIRARABIA 05-08-2015 03:30 AM

Financial statements for the 2nd QTR of 2015

1 File(s)
Showing Last 10 General Meetings - AIRARABIA View all
Meeting Date/TimeMar 05, 2017 04:00:00 PMType of MeetingGeneral Assembly
Net Profit/Loss508768000Cash Dividend7
Bonus Share
Announcements/Resolutions1. Approved BoD Report
2. Approved External Auditor's report
3. Approved Financial Statements
4. Approved 7 fild per share dividend
5. Approved AED3.85M board remuneration
6. Absolved Board and Auditors of responsibility
7. Appointment of auditors of the company for the financial year 2017 and determine their remuneration
8. Elected board members for 3 years
Last Date For Dividend EntitlementMonday, March 13, 2017Ex-Dividend DateTuesday, March 14, 2017
Register Closing (Settlement) DateWednesday, March 15, 2017Trading Suspension Date
Trading Resuming DateDividends Payment DateSaturday, April 01, 2017
Payment EntityDFMMeeting VenueSharjah Civil Aviation auditorium
1 File(s)
Meeting Date/TimeMar 13, 2016 04:30:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss530,558,000Cash Dividend420,003,000
Bonus Share0
Announcements/Resolutions
1. AGM approved company's activities for the period ending 31.12.2015
2. AGM approved Independent Auditor's Report for the period ending 31.12.2015
3. AGM discussed and approved the profit and loss accounts for the period ending 31.12.2015
4. AGM approved 9% dividend (AED 420,003,000) for the year 2015
5. AGM approved AED3.85M as board remuneration for the year 2015.
6. AGM absolved Board members and independent auditor from work responsibilities till 31.12.2015.
7. AGM appointed KPMG as independent directors for the year 2016.
8. AGM approved amendments on AoA reflecting the federal law number 2 for 2015. 
Last Date For Dividend EntitlementMonday, March 21, 2016Ex-Dividend DateTuesday, March 22, 2016
Register Closing (Settlement) DateWednesday, March 23, 2016Trading Suspension Date
Trading Resuming DateDividends Payment DateSunday, April 03, 2016
Payment EntityDubai Financial MarketMeeting VenueDepartment of Civil Aviation Sharjah - Auditorium
1 File(s)
Meeting Date/TimeMar 09, 2015 04:30:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss565,828,000 AEDCash Dividend9%
Bonus Share
Announcements/Resolutions

1.The AGM approved 2014 financial results.

2.The AGM ratified the distribution of 9% as cash dividends.

3.Register closing date is the 10th day after the AGM,hence 19.3.2015.

4.Last date for entitlement is 17.3.2015.

5.Ex-dividend date 18.3.2015.

Last Date For Dividend EntitlementTuesday, March 17, 2015Ex-Dividend DateWednesday, March 18, 2015
Register Closing (Settlement) DateThursday, March 19, 2015Trading Suspension Date
Trading Resuming DateDividends Payment DateSunday, April 05, 2015
Payment EntityNBADMeeting VenueSharjah DCA Auditorium
1 File(s)
Meeting Date/TimeMar 16, 2014 04:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss435,201,000Cash Dividend7.25%
Bonus Share
Announcements/Resolutions- The AGM discussed the agenda and approved the board of directors recommendation to distribute 7.25% cash dividends, equivalent to 7.25 fils per share, total of AED 338,335,750
- The share holder appointed the following as board members for 3 years:
1. Sheik Abdullah Bin Mohammed Al Thani
2. Adel Abudllah Ali
3. Dr. Ghanem Mohammed Al Hajiri
4. Sheik Mohammed Bin Abdullah Al Thani
5. Arif Masood Naqvi
6. Sheik Khalid Bin Issam Al Qassimi
7. Ali Salim Al Midfa
Last Date For Dividend EntitlementMonday, March 24, 2014Ex-Dividend DateTuesday, March 25, 2014
Register Closing (Settlement) DateWednesday, March 26, 2014Trading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityNBADMeeting VenueSharjah Civil Aviation
1 File(s)
Meeting Date/TimeMar 17, 2013 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss424,810,000Cash Dividend7%
Bonus Share0%
Announcements/Resolutions

 

Approval of the Board of Directors' report on the activities of the company and its financial position for the financial year ended 31/12/2012

Approval of the auditor's report for the company's financial center for the financial year ended on 31/12/2012
The ratification of the balance sheet and profit and loss account and the account distributions for the financial year ended 31/12/2012
Approval of the Board of Directors' proposals on the distribution of a cash dividend of 7 fils per share for the financial year ended 31/12/2012
Discharge of the members of the Board of Directors and auditors from liability for the financial year ended on 31/12/2012
Determining directors' remuneration
Appointment of auditors of the company for the financial year 2013 and determine their remuneration

Last Date For Dividend EntitlementMonday, March 25, 2013Ex-Dividend DateTuesday, March 26, 2013
Register Closing (Settlement) DateWednesday, March 27, 2013Trading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueGolf and Shooting Club Sharjah
1 File(s)
Meeting Date/TimeApr 09, 2012 05:00:00 PMType of MeetingExtraordinary Meeting
Net Profit/Loss273,853,000.00 AEDCash DividendN/A
Bonus ShareN/A
Announcements/ResolutionsModify the basic system by adding activity to serve the purposes of the main company. Amendment of the basic integration of the relevant articles of the Memorandum and delete articles on the company's founders and materials related to transfer of the company's former private equity firm thing, a public company.
Last Date For Dividend EntitlementN/AEx-Dividend DateN/A
Register Closing (Settlement) DateN/ATrading Suspension DateN/A
Trading Resuming DateN/ADividends Payment Date
Payment EntityMeeting VenueSharjah Golf and Shooting Club - meeting room - Sharjah
1 File(s)
Meeting Date/TimeApr 09, 2012 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss273,853,000.00 AEDCash Dividend6%
Bonus ShareN/A
Announcements/ResolutionsApproved report of the Board of Directors for the company and its financial position for the financial year ended on 31/12/2011- Approved the audit report for the financial year ended on 31/12/2011- Approved Company's balance sheet and profit and loss account for the financial year ended 31/12/2011- Convert AED 56,777,000.00 from the general reserve to retained earnings, to be the sum of retained earnings 280,002,000.00 - Directors' remuneration, including a total of 1.295 million Dirhams for their services in 2011- Discharge of the members of the Board of Directors and the auditor of the responsibility for the financial year ended on 31/12/2011 - The appointment of Deloitte as auditor independent in 2012, compared to AED 390,000.00 .
Last Date For Dividend Entitlement17/04/2012Ex-Dividend Date18/04/2012
Register Closing (Settlement) Date19/04/2012Trading Suspension DateN/A
Trading Resuming DateN/ADividends Payment Date
Payment EntityMeeting VenueSharjah Golf and Shooting Club - meeting room - Sharjah
1 File(s)
Meeting Date/TimeMar 21, 2011 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/LossAED 309,559,000Cash Dividend8 %
Bonus Share
Announcements/Resolutions- Approved the report of the BOD & the auditor’s report for the year ended 31/12/2010- Approved balance sheet and the Income Statement of the company for the year ended 31/12/2010 - Approved to distribute cash dividends of 8% - Absolved the members of the Board of Directors and the auditors from responsibilities for the year ended 31/12/2010 – Approved to appoint auditors for the Financial Year 2011 - Approved to reword BOD members – Approved the Election of Board of Directors for the next three years
Last Date For Dividend Entitlement29/03/2011Ex-Dividend Date30/03/2011
Register Closing (Settlement) Date31/03/2011Trading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueSharjah Golf & Archery Club
Meeting Date/TimeMar 23, 2010 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/LossAED 452,231,257Cash Dividend10 %
Bonus Share
Announcements/Resolutions- Approved the report of the BOD & the auditor’s report for the year ended 31/12/2009- Approved balance sheet and the Income Statement of the company for the year ended 31/12/2009 - Approved to distribute cash dividends of 10% - Absolved the members of the Board of Directors and the auditors from responsibilities for the year ended 31/12/2009 – Approved to appoint auditors for the Financial Year 2010 - Approved to reword BOD members – SCA’s approval on expiry of lock – up period of founders shares
Last Date For Dividend Entitlement30/03/2010Ex-Dividend Date31/03/2010
Register Closing (Settlement) Date01/04/2010Trading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueSharjah Golf & Archery Club
Meeting Date/TimeMar 23, 2009 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/LossAED 509,725,323Cash Dividend10%
Bonus Share
Announcements/Resolutions- Approved the report of the BOD & the auditor’s report for the year ended 31/12/2008 - Approved balance sheet and the Income Statement of the company for the year ended 31/12/2008 - - Approved to distribute cash dividends of 10% - Absolved the members of the Board of Directors and the auditors from responsibilities for the year ended 31/12/2008 – Approved to appoint auditors for the Financial Year 2009 - Approved to reword BOD members
Last Date For Dividend Entitlement31/ March /2009 Ex-Dividend Date01/ April /2009
Register Closing (Settlement) Date02/ April /2009 Trading Suspension DateN/A
Trading Resuming DateN/ADividends Payment DateN/A
Payment EntityN/AMeeting VenueSharjah Golf & Archery Club
Top ShareholdersLast Refreshed at: 21 November 2017

Individual Investors

ShareholdersPercentage
الشارقه لاداره الاصول ذ م م 18.02%
AL MAHA HOLDING COMPANY (FZE) 9.21%
MASHREQ BANK 5.92%

  • 1 EN
    1

    Article of Association - 0001

Foreign Investments View all
National GCC Arab Other Nationalities
Country of Origin Actual Permitted Actual Permitted Actual Permitted Actual Permitted As of Date:
UAE 75.52% 100% 4.65% 49% 4.07% 49% 15.76% 49% 21-11-2017
Showing Last 10 Corporate Governance Reports - AIRARABIA View all
  • 18-06-2017

    AIRARABIA_CGR_18_06_2017

  • 31-12-2015

    Corporate Governance Report - AIRARABIA 2015

Showing Corporate Actions - AIRARABIA View all
Year2017Corporate Action Type
Last Date For Action Entitlement3/13/2017Ex-Dividend Date3/14/2017
Register Closing (Settlement) Date3/15/2017Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 7% cash dividends as agreed at the GA held on 05/03/2017
Year2016Corporate Action Typecash dividends
Last Date For Action Entitlement3/21/2016Ex-Dividend Date3/22/2016
Register Closing (Settlement) Date3/23/2016Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 9% cash dividends as agreed at the GA held on 13/03/2016
Year2015Corporate Action TypeCash dividends
Last Date For Action EntitlementNot AvailableEx-Dividend DateNot Available
Register Closing (Settlement) DateNot AvailableTrading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 9% cash dividends as agreed at the AGM held on 09/03/2015
Year2014Corporate Action TypeCash dividends
Last Date For Action Entitlement3/24/2014Ex-Dividend Date3/25/2014
Register Closing (Settlement) Date3/26/2014Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 7.25% cash dividends as agreed at the AGM held on 16/03/2014
Year2013Corporate Action TypeCash Dividends
Last Date For Action Entitlement3/25/2013Ex-Dividend Date3/26/2013
Register Closing (Settlement) Date3/27/2013Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 7% cash dividends as agreed at the AGM held on 17/03/2013
Year2012Corporate Action TypeCash Dividends Distribution
Last Date For Action Entitlement4/17/2012Ex-Dividend Date4/18/2012
Register Closing (Settlement) Date4/19/2012Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 6 % cash dividends as agreed at the AGM held on 09/04/2012
Year2011Corporate Action TypeCash Dividends Distribution
Last Date For Action Entitlement3/29/2011Ex-Dividend Date3/30/2011
Register Closing (Settlement) Date3/31/2011Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 8% cash dividends as agreed at the AGM held on 21/03/2011
Year2010Corporate Action TypeCash Dividends Distribution
Last Date For Action Entitlement3/30/2010Ex-Dividend Date3/31/2010
Register Closing (Settlement) Date4/1/2010Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 10% cash dividends as agreed at the AGM held on 22/03/2010.
Year2009Corporate Action TypeCash Dividends Distribution
Last Date For Action Entitlement3/31/2009Ex-Dividend Date4/1/2009
Register Closing (Settlement) Date4/2/2009Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 10% cash dividends as agreed at the AGM held on 23/03/2009.
Disclaimer
  • Ownership percentage is subject to change based on several reasons including the following:
    1. Trading activity.
    2. Off-Market Transactions such as family and inheritance transfers.
    3. Changes in the nationality status of investors.
    4. Securities deposits and withdrawals to and from DFM for Dual listed companies.
    5. Capital increase by issuing new shares to a strategic investor.
    6. Converting Bonds into shares.
    7. Equity added to the equity of the associated group.
    8. Direct Deals.

 

Percentages are updated daily after 4 pm
Disclaimer
The above published Ownership Percentages:
  • Are updated daily at the end of every trading day based on date of trade and not settlement date.

  • The ownership percentages are rounded off to 2 decimal places

  • Ownership percentages are subject to change due to the following:

    1. Trading activities.

    2. Off-Market Transactions such as family and inheritance transfers.

    3. Changes in the nationality status of investors.

    4. Securities deposits and withdrawals to and from DFM for Dual listed companies.

    5. Capital increases, by issuing new shares to Strategic investor

    6. Converting bonds or Sukuk into shares.

    7. Changes of associated group’s ownership.

    8. Direct Deals. (The ownership percentage is changed immediately after the execution of the deal).

    9. Failed trade settlement.


DISCLAIMER

The information provided in this document is only available in Arabic due to the (Dubai court attestations only being in Arabic herein after referred thereto as (“Information”) is provided by way of general information and comment only. While reasonable care has been taken in producing this Information, changes in circumstances may occur at any time and may impact on the accuracy of the Information. The Information does not constitute professional advice or provision of any kind of services and should not be relied upon as such.  Dubai Financial Market (“DFM”) and/or its affiliates, officers or employees,  does not give any warranty or representation as to the accuracy, reliability, timeliness or completeness of the Information now or in the future. DFM shall not be liable for any loss suffered, directly or indirectly by any person acting in reliance upon the Information contained herein. 


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