According to Arabia Net, the company’s spokesperson denounced the reports, which talked about the company’s request for government financial support under the current circumstances, confirming that the reports came for the purpose of targeting and exaggeration.
Bloomberg reported in a report that Air Arabia requested government support and had suspended the launch date of its company in Abu Dhabi.
The sources added to Bloomberg that Air Arabia plans to postpone the launch of a new low-cost airline, with the continued outbreak of the Corona virus, which has affected the aviation industry.
Airlines were virtually unprecedentedly closed to travel as the Corona Virus crisis swept across continents, governments closed borders and ordered residents to stay in their homes.
According to the International Air Transport Association, 70% of global transport capacity is down and the sector could lose $ 61 billion in the second quarter alone.
Emirates Airlines, the world's largest airline for long haul flights, has promised support from the Dubai government.
Other airlines are looking for government support, including Lufthansa, Air France, and Qatar Airways.
Air Arabia operates a multi-axis business with bases in Morocco and Egypt, as well as Sharjah.
The company ordered 120 Airbus SE narrow-body aircraft worth $ 14 billion late last year to keep pace with expansion in Southeast Asia and Africa.
