Dhaka, March 20 -- Air Arabia shareholders have approved the distribution of a 25pc cash dividend for the financial year ending December 31, 2024, at the company's Annual General Meeting (AGM).

The dividend, amounting to 25 fils per share, reflects another year of strong financial performance for the award-winning low-cost carrier.

The board's recommendation follows the airline's robust financial performance in the year ending December 31, 2024, where Air Arabia reported a record net profit before tax of Dh1.6 billion, marking a four per cent increase compared to 2023.

Sheikh Abdullah Bin Mohammed Al Thani, Chairman of Air Arabia, said: "Despite geopolitical tensions and economic challenges, Air Arabia Group sustained exponential growt...