Air Arabia Probably Needs to Order Up to 100 Planes, CEO Says

The transcript covers a business performance review, highlighting strong yields and reasonable oil prices. It discusses the write-down of Abraj investments, emphasizing transparency with shareholders. The conversation shifts to exploring new strategic partnerships globally, with openness to both GCC and international investors. Finally, it addresses the end of the A380 and plans for ordering new aircraft, considering both Airbus and Boeing options.

What was the business performance like in the first quarter of 2019 compared to 2017?

• Worse than 2017

• Similar to 2017

• Better than 2017

• Unrelated to 2017

What was the main reason for the company's decision to write down its exposure to Abraj?

• To avoid long-term stagnation

• To increase immediate profits

• To reduce operational costs

• To expand into new markets

How did the company plan to handle the legal proceedings related to Abraj?

• By ensuring transparency and regaining assets

• By focusing solely on business growth

• By ignoring them

• By selling off all related assets

What is the company's approach towards finding new strategic partners?

• Focusing only on local partners

• Limiting to existing partners

• Exploring global opportunities

• Avoiding new partnerships

What was the company's stance on choosing between GCC and international investors?

• Preference for international investors

• Preference for GCC investors

• Avoiding both GCC and international investors

• Open-minded approach

What was the company's reaction to the end of the A380?

• Excitement for new opportunities

• Indifference

• Relief due to cost savings

• Sadness due to its beauty

What is the company's plan regarding new aircraft orders?

• Focus only on Airbus

• Cancel all orders

• Order up to 100 new aircraft

• Focus only on Boeing