Air Arabia named 'Global Growth Companies' by the World Economic Forum

Air Arabia joins 27 other GGCs across Europe, Eurasia and the Middle East, representing a broad cross section of industry sectors.

The announcement took place at the recently concluded World Economic Forum Special Meeting on Unlocking Resources for Regional Development held in Istanbul, Turkey.

Speaking about the recognition, Adel Ali, Group Chief Executive Officer, Air Arabia, said, “With this distinction, Air Arabia joins an elite group of fast-growing industry leaders. We have always been considered an innovator and path breaker in the field of aviation, and it is gratifying to be recognised for our efforts and contribution to the MENA economy.Being a part of the World Economic Forum GGC community provides us an opportunity to leverage our expertise and create meaningful partnerships with industry peers. With a firm focus on sustained and long-term growth, we remain committed to extending our value-for-money philosophy to more destinations and more passengers in the future”.

David Aikman, Managing Director and Head of the New Champions at the World Economic Forum said: “When choosing entrants to our Community of Global Growth Companies, we assess companies on their business model, annual revenues and growth rates, exclusive leadership and market position. Air Arabia is a dynamic group with clear potential to shape the future in its relevant business sectors and so is a perfect for to our GGC community”