Air Arabia, the first and largest low-cost carrier in the Middle East & North Africa (MENA) region, was recognized as the “Best Managed Company in the Middle East – Airlines and Aviation,” by participants of Euromoney’s annual survey.
“We are extremely pleased to be chosen by leading analysts and investors as the best managed company in the airline and aviation sector,” said Adel Ali, Board Member and Group Chief Executive Officer, Air Arabia.
“This prestigious accolade is further evidence of the strength and success of Air Arabia’s robust business model. We thank Euromoney for recognizing our efforts, and look forward to continuing to take our airline to new heights.”
The recent accolade follows a host of awards in 2009 and 2010, including being named the “Middle East’s leading low-cost airline” for the third consecutive year at the World Travel Awards, and the prestigious “Best Low-Cost Airline” award at the Business Traveler Awards Middle East.
In addition, Air Arabia recently set a new world record when one of its A320 aircraft flew 30,000 flight hours in 6 years. The airline, which received special recognition from Airbus, was awarded for its operational efficiency, as well as setting the new world record.
Air Arabia currently provides service to 65 routes across Europe, the Middle East, Africa and Asia from its hubs in the UAE, Morocco, and Egypt. The airline aims to expand the size of its existing fleet with the upcoming delivery of its 44 aircraft on order.