Rank: 6
Air Arabia
Group CEO: Adel Abdullah Ali
Date of Establishment: 2003
Country: U.A.E.
Air Arabia is a low-cost carrier serving MENA. It is listed on the Dubai Financial Market (DFM). Founded in 2003, it was one of the first airlines in the region to introduce a low-cost concept. It flies to over 170 destinations across the world, operating via five hubs in the U.A.E., Morocco, and Egypt. In 2020, its turnover was $503.7 million, and it served a total of 4.4 million passengers from its five hubs.