Sharjah-based budget airline Air Arabia is soaring towards a significant fleet increase. The carrier aims to reach a total of 90 aircraft by the end of 2024, and to achieve this, they're taking to the skies with leased planes.
By Aditya M
Rising Above Delivery Delays
Air Arabia initially expected to receive a hefty order of 120 new Airbus planes by the fourth quarter of 2024. However, global supply chain issues and geopolitical tensions have pushed back those deliveries to the first half of 2025.
Lease with Confidence
Undeterred by the delay, Air Arabia's CEO, Adel Abdullah Ali, emphasizes their commitment to growth. Their solution? Leasing additional aircraft. In 2023, they secured ten leased planes, and this year, they're adding eight more.
This strategic move allows Air Arabia to stay on track with their ambitious expansion plan. By year's end, they anticipate surpassing their target of 90 aircraft.
Beyond Leasing: A Look at the Future
The 120-plane order, though delayed, signifies a substantial future boost for Air Arabia. These aircraft include a mix of fuel-efficient Airbus A320neos, A321neos, and even some long-range A321XLRs. This diversified fleet will open doors to new routes and destinations, further solidifying Air Arabia's position as a major player in the low-cost carrier market.
Air Arabia's expansion is a positive sign for the travel industry, showcasing a continued rise in passenger demand. With a combination of leased aircraft and their future Airbus order, Air Arabia is well-positioned to take off towards a successful future.
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