AIRA
5.40 AED
+1.89%
Today
+2.08%
1D
Market is closed
Sun
Closed
Mon
9:00 AM ~ 1:45 PM
Tue
9:00 AM ~ 1:45 PM
Wed
9:00 AM ~ 1:45 PM
Thu
9:00 AM ~ 1:45 PM
Fri
9:00 AM ~ 1:45 PM
Sat
Closed
Information
Name
Air Arabia PJSC
Currency
AED
Standard Leverage
1X
Market Cap
22.26B
Avg Daily Volume
6.85M
52 Week High
5.66 AED
52 Week Low
3.05 AED
Trading Hours
See hours
Business Summary
Air Arabia PJSC, together with its subsidiaries, provides air travel services. It operates through two segments: Airline and Other. The company offers international commercial air transportation, aircraft rental, passengers transport, and cargo services, as well as aviation training, and aircraft repairs and maintenance services. It also involved in the trading of aircraft and related spare parts. In addition, the company operates travel and tourist agencies, and airline companies' representative office services; manages lease contract; and provides documents transfer services, as well as IT services to aviation industry. Further, the company manages and operates restaurants and hotels; flight and retail catering services; and rents hotel apartments. Additionally, it provides commercial brokerage; office administrative and support; call center and computer programming; real estate development; ancillary; aircraft handling; software designing, development, and solutions; and backend support services, as well as act as an air cargo agent. The company provides its services to approximately 206 destinations in the Middle East, North Africa, Asia, and Europe. Air Arabia PJSC was founded in 2003 and is headquartered in Sharjah, the United Arab Emirates.
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Frequently Asked Questions
What are cyclical stocks in trading?
Cyclicals are stocks that move in line with the broader economy. They perform well during economic booms and tend to decline during recessions.
Why do traders invest in cyclical sectors?
Traders use cyclicals to capitalize on economic recovery phases, often seeking high returns when consumer spending and business investment rise.
What industries fall under cyclicals?
Automobiles, travel & tourism, retail, restaurants, and luxury goods are common cyclical industries.
Are cyclical stocks risky?
They can be. While they offer growth potential, they are more volatile and sensitive to economic changes compared to defensive sectors.
