Air Arabia and Qatar Airways Report Profit Drops Amid Gulf Conflict

Air Arabia announced a net profit of AED 278 million for the quarter ending 31 March 2026, a 22 % decline from the same period a year earlier. The airline carried 4.7 million passengers and cited airspace closures and operational disruptions linked to regional conflict as the primary cause of the lower earnings, despite a modest 1 % rise in revenue to AED 1.8 billion.

Qatar Airways reported roughly a 10 % cut in its profits for the fiscal year 2025‑2026, with total revenue slipping 2.6 % to US$22.999 billion. The carrier attributed the weaker performance to the ongoing Gulf war, which has heightened operational costs and constrained traffic flows. Both airlines noted that strong demand helped mitigate the impact, but the conflict continues to pressure financial results across the region's aviation sector.