Abu Dhabi Aviation Co (ADAVIATION)

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News

13 May 05:53 AM Abu Dhabi Aviation posts higher revenues at AED 2bn in Q1-26

Abu Dhabi - Mubasher: The net profits of Abu Dhabi Aviation Company declined to AED 124.42 million in the first quarter (Q1) of 2026, compared to AED 215.32 million in Q1-25. The basic and diluted earnings per share (EPS) retreated to AED 0.07 at …

Financial Results

18 March 01:50 AM Abu Dhabi Aviation appoints Al Mulla as Chairman; shareholders elect new board

Abu Dhabi – Mubasher: The shareholders of Abu Dhabi Aviation have elected a new board of directors for a new term until 2029, during the annual general meeting on 12 March 2026. The board, subsequently convened on 17 March, appointed Mansour Al …

General Assembly

22 February 04:02 AM Abu Dhabi Aviation announces MoU with GCAA for practical aircraft maintenance experience

Abu Dhabi – Mubasher: Abu Dhabi Aviation has signed a memorandum of understanding (MoU) with the General Civil Aviation Authority (GCAA) to strengthen cooperation in implementing practical aircraft maintenance experience programs, according to a …

Companies Investments

15 February 08:22 PM Abu Dhabi Aviation’s consolidated net profits decrease 17.5% in 2025; dividends recommended

Abu Dhabi - Mubasher: Abu Dhabi Aviation Company logged 17.50% year-on-year (YoY) lower consolidated net profits after tax at AED 1.06 billion in 2025, compared with AED 1.29 billion. The basic and diluted earnings per share (EPS) retreated to AED …

Financial Results

12 October 2025 06:24 PM Abu Dhabi Aviation, TCM launch Egypt’s 1st air taxi service

Cairo - Mubasher: Abu Dhabi Aviation Company and TCM Economic Consulting, part of Prime Group, launched Air Taxi Egypt, the country’s first air taxi service, according to a press release. Announced during a high-profile ceremony at the Giza …

Event

4 August 2025 05:37 AM Abu Dhabi Aviation sees lower profits in H-25; revenues hit AED 3.6bn

Abu Dhabi – Mubasher: The net profits after tax of Abu Dhabi Aviation Company dropped to AED 394.42 million in the first half (H1) of 2025, compared to AED 722.18 million a year earlier. Revenues from contracts with customers jumped to AED 3.63 …

Financial Results

5 May 2025 10:24 AM Abu Dhabi Aviation’s profits jump to AED 215.5m in Q1-25

Abu Dhabi – Mubasher: Abu Dhabi Aviation Company logged net profits valued at AED 215.32 million in the first quarter (Q1) of 2025, compared to AED 26.81 million in Q1-24. Revenue from contracts with customers hiked to AED 1.97 billion in Q1-25 …

Financial Results

27 March 2025 01:52 PM Abu Dhabi Aviation, Archer to deploy world’s 1st Midnight electric aircraft

Abu Dhabi – Mubasher: Abu Dhabi Aviation Company teamed up with Archer Aviation to deploy the first fleet of its Midnight electric vertical take-off and landing (eVTOL) aircraft globally, according to  a press release. The strategic memorandum of …

Global Economy

3 June 2024 10:02 AM Abu Dhabi Aviation appoints Al Remeithi as CEO

Abu Dhabi – Mubasher: Abu Dhabi Aviation Company has named Mohammed Saeed Al Remeithi as the CEO, effective from 1 June 2024, according to a bourse disclosure. Al Remeithi has experience in aviation with a proven track record in strategic …

Corporate Actions

17 April 2024 09:55 AM Abu Dhabi Aviation unveils cash dividends for 2023

Abu Dhabi – Mubasher: The general assembly of Abu Dhabi Aviation Company approved cash dividends valued at AED 111.19 million for 2023, according to a bourse disclosure. The shareholders greenlighted cash dividends, which represent 20% of the …

General Assembly

10 February 2022 00:55 PM Abu Dhabi Aviation sees rise in 2021 profits

Abu Dhabi – Mubasher: The net profits attributable to the owners of Abu Dhabi Aviation Company increased to AED 250.23 million in 2021, compared to AED 176.81 million in 2020, according to the company's consolidated financials for the year ended …

Financial Results

2 November 2021 02:52 PM Abu Dhabi Aviation reports higher profits in 9M

Abu Dhabi – Mubasher: The net profits attributable to the owners of Abu Dhabi Aviation Company jumped to AED 159.535 million during the first nine months of 2021, compared to AED 136.3 million in the year-ago period, as shown by the company's …

Financial Results

1 November 2021 04:11 PM Abu Dhabi Aviation not to proceed with Falcon Aviation's acquisition

Abu Dhabi – Mubasher: The board of Abu Dhabi Aviation Company has decided not to proceed with the acquisition of Falcon Aviation Services (FAS), an aviation services provider. This decision was taken, as both companies had not reached an agreement …

Board of Directors

8 September 2021 10:37 AM Abu Dhabi Aviation submits formal acquisition offer to Falcon Aviation

Abu Dhabi – Mubasher: The board of Abu Dhabi Aviation Company has sent a formal offer to acquire Falcon Aviation Services (FAS), an aviation services provider, according to a bourse filing on Wednesday. The potential acquisition of FAS is part of …

Companies Investments

1 April 2021 03:37 PM Abu Dhabi Aviation considers acquiring Falcon Aviation Services

Abu Dhabi – Mubasher: Abu Dhabi Aviation Company has inked a letter of intent to consider fully acquiring Falcon Aviation Services (FAS), an aviation services provider. The potential acquisition of FAS is part of Abu Dhabi Aviation's strategic …

Companies Investments

10 March 2021 11:15 AM Abu Dhabi Aviation's OGM nods to 10% dividends for 2020

Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Abu Dhabi Aviation Company has approved to distribute cash dividends, equivalent to 10% of the capital, for 2020. The cash dividend distribution aggregates at a total amount of AED 44.478 …

Cash Dividends

10 February 2021 03:28 PM Abu Dhabi Aviation's profits down 28% in 2020

Abu Dhabi – Mubasher: Abu Dhabi Aviation Company reported a 28.2% decrease in its annual profit attributable to the owners of the company during 2020, as shown by the company's consolidated financial results. Profit attributable to the owners of …

Financial Results

26 October 2020 05:10 PM Abu Dhabi Aviation's net profits down 49% in 9M

Abu Dhabi – Mubasher: Abu Dhabi Aviation Company saw a 49% decrease in net profits to AED 113.099 million during the first nine months of 2020 from AED 223.9 million in the same months of 2019. The decline in net profits is attributed to 21% lower …

Financial Results

5 October 2020 04:46 PM Abu Dhabi Aviation renews helicopter services contract with ADNOC

Abu Dhabi – Mubasher: Abu Dhabi Aviation Company has renewed its contract with Abu Dhabi National Oil Company (ADNOC) to provide helicopter services to offshore and onshore sites and helicopter emergency medical services (HEMs). Under the renewed …

Companies Investments

26 July 2020 10:24 AM Abu Dhabi Aviation sees 66% lower net profits in H1-20

Abu Dhabi – Mubasher: The financial results of Abu Dhabi Aviation Company showed AED 47.822 million net profits for the first half (H1) of 2020, down by 66% from AED 139.398 million in the year-ago period. The company's revenues decreased to AED …

Financial Results

21 May 2020 00:58 PM Abu Dhabi Aviation records AED 54m net profits in Q1-20

Abu Dhabi – Mubasher: Abu Dhabi Aviation Company reported net profits of AED 54.266 million during the first quarter (Q1) of 2020, down 10% from AED 60.282 million in the year-ago period. The company's revenues increased by 8% to AED 166.94 …

Financial Results

26 February 2020 00:27 PM Abu Dhabi Aviation’s board agrees on 20% cash dividends

Abu Dhabi – Mubasher: The board of Abu Dhabi Aviation Company has approved to distribute 20% of capital as cash dividends for fiscal year (FY) 2019. The distribution of cash dividends represents 20 fils per share, amounting to AED 88.977 million …

Board of Directors

4 February 2020 06:04 PM Abu Dhabi Aviation reports AED 246m profit in 2019

Abu Dhabi – Mubasher: Abu Dhabi Aviation Company announced that its net profits attributable to the company’s shareholders amounted to AED 246.2 million during 2019, up from AED 231.4 million a year earlier.     Meanwhile, revenues grew to AED …

Financial Results

16 January 2020 01:15 PM Abu Dhabi Aviation to open trading for foreigners

Abu Dhabi – Mubasher: Abu Dhabi Aviation Company, listed on the Abu Dhabi Securities Exchange (ADX), on Thursday requested to open the trading on its shares for foreigners by a percentage not exceeding 30% of the share capital. The company further …

Markets Regulations

19 November 2019 10:36 AM Abu Dhabi Aviation, Leonardo ink deal for 5 helicopters

Abu Dhabi – Mubasher: Abu Dhabi Aviation Company, in collaboration with Leonardo, has concluded a contract for five helicopters including three intermediate AW139s and two light-intermediate AW 169s. With this deal, Abu Dhabi Aviation is growing …

General News