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. It 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.
Metrics to compare | AIRA | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipAIRAPeersSector | |
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P/E Ratio | 10.5x | 9.4x | 11.6x | |
PEG Ratio | −2.03 | −0.13 | 0.03 | |
Price/Book | 1.9x | 1.8x | 1.4x | |
Price / LTM Sales | 2.3x | 0.6x | 1.1x | |
Upside (Analyst Target) | 6.1% | 36.3% | 27.8% | |
Fair Value Upside | Unlock | 24.8% | 9.3% | Unlock |