Air Arabia’s fleet is comprised entirely of Airbus A320 and A321 aircraft. In 2021, the company added 44 new routes across its five hubs in the U.A.E., Morocco, and Egypt. Sharjah Asset Management Company is the largest shareholder in the company, with 18.6% of shares, followed by the Al Maha Holding Company with 9.2%. The company recovered from a loss of $52.3 million in 2020 to a net profit of $196.2 million in 2021.