Air Arabia provides air transportation services for passengers through 16 aircrafts and to 44 destinations, as of December 2008. Operating out of Sharjah International Airport, the airline was established in February 2003 as the first low cost carrier in the Middle East.

Air Arabia carried 3.6 million passengers in 2008, a yearly increase of 45% and increased its fleet size to 16 A320 aircrafts by February 2009.

Through a joint venture agreement with Regional Air Lines of Morocco, Air Arabia formed Air Arabia MarocAir Arabia Maroc, a low-cost carrier, which will cover Morocco's domestic sector and operate in select destinations across Europe and Africa.

Air Arabia underwent an IPO on March18, 2007 offering 55% of its shares, worth AED2.618 billion (USD713 million). The Airline listed its shares on the Dubai Financial Market in July 2007 and became the third publicly listed airline in the MENA region, after Karthago AirlinesKarthago Airlines and TunisairTunisair.

Air Arabia plans to increase its fleet to 22 aircrafts in 2009 and will enter 44 Airbuses into service, starting mid-2010.