Investor Presentaiton
STRATEGIC SUMMARY - FY 2020
2020 started with strong performance across board.
Impact of covid-19 pandemic started to affect the global aviation industry mid-February.
The covid-19 impact on aviation was and remains global, fast and material.
By March airlines around the world, including MENA region, had to face closed skies, travel restrictions,
airport closures and sudden drop in travel demand.
Operations during the Q2 relied on repatriation, charter, and cargo flights while Q3 & Q4 witnessed a
gradual resumption of scheduled operations across a limited number of routes.
A year later, the global aviation industry continues to deal with this uncertainty.
Notwithstanding the continuous impact of covid-19, Air Arabia still managed to post 2 profitable
quarters (Q1 & Q4) which helped reduce the expected net loss for the full year.
Since the start of the pandemic, Air Arabia reacted quickly and took all possible measures to protect
customers & crew while still operating where possible.
AirArabiaView entire presentation