Air Arabia bullish about first-quarter performance, CEO says – The National

Air Arabia bullish about first-quarter performance, CEO says – The National

Middle East low-cost airline Air Arabia has said its first-quarter performance, which is due to be released this week, is expected to be "good" as air travel continues its recovery from the Covid-19 pandemic.

The airline said it was "optimistic" about the financial outlook for 2022 as it anticipates air travel demand to remain strong this year and next, after two years' of dampened appetite during the pandemic, Adel Ali, group chief executive of Air Arabia, said at the Arabian Travel Market in Dubai on Tuesday.

"The business seems to be good and yields are on the right side," he said. "Fuel is a challenge always when there is a conflict ... a good oil price is good for the region because the economy is good and people will have more disposable income to travel."