Abu Dhabi Aviation Co (ADA) News - Mubasher Info
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01 March 01:47 PM

Abu Dhabi Aviation Co (ADAVIATION)

Last update: 27 February 02:55 PM market time.
5.82
0.16
2.84%
Open 5.86
Previous Close 5.64
High 5.91
Low 5.80
Stock Statistics
Volume 673,039
Turnover 3,917,298.01
All data are 15 minutes late during market session

News

Photo Gallery
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
Photo Archive
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
Photo Archive
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
Photo Archive
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
The company generated revenues of AED 1.158 billion
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
Both companies had not reached an agreement on the acquisition value
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 …
Companies Investments
The potential acquisition of FAS is part of Abu Dhabi Aviation's strategic expansion plan
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
The cash dividend distribution aggregates at a total amount of AED 44.478m
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
The company's revenues decreased by 4.05% in 2020
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
The decline in net profits is attributed to 21% lower revenues
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
The project will be self-financed by the helicopter operator
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
The EPS settled at AED 0.17 in H1-20
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
The company's revenues increased by 8%
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
The distribution of cash dividends represents 20 fils per share
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 …
Cash Dividends
Revenues grew to AED 2.08 billion
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
Trading will be effective on 19 January 2020
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 …
Trading Activities
The deal supports the oil and gas industry
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 …
Companies Investments
Net profits recorded AED 74.6 million in Q3-19
28 October 2019 04:22 PM Abu Dhabi Aviation’s Q3 profits near AED 75m
Abu Dhabi – Mubasher: Abu Dhabi Aviation Company posted a 4.5% year-on-year increase in its profits for the third quarter of 2019. Net profits recorded AED 74.6 million in Q3-19, compared to AED 71.4 million in Q3-18, according to a bourse filing …
Financial Results
All heads of departments in the exchange shall implement this resolution in all their respective fields
16 October 2019 11:00 AM ADX to suspend trading in Abu Dhabi Aviation’s shares temporarily
Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) announced that trading in Abu Dhabi Aviation Co’s shares will be suspended on Monday, 28 October 2019 until it receives the results of the company’s board meeting to be held on the same …
Market News
The general assembly agreed to amend some of the articles of the company’s Article of Association
14 October 2019 10:35 AM Abu Dhabi Aviation nods to foreign ownership limits
Abu Dhabi – Mubasher: Abu Dhabi Aviation Co, listed on the Abu Dhabi Securities Exchange (ADX), announced that its board of directors has approved that foreign investors shall not own more than 30% of the company’s nominal shares. This came as a …
Company News
Net profit reached AED 29.54 million in H1-19
21 July 2019 03:46 PM Abu Dhabi Aviation profits slip 26% in H1
Abu Dhabi – Mubasher: Abu Dhabi Aviation Co, listed on the Abu Dhabi Securities Exchange (ADX), posted a 26.41% year-on-year decline in its net profit for the first half of 2019. Net profit reached AED 29.54 million in the six-month period ended …
Financial Results
The company’s profits hit AED 231.1 million last year
5 March 2019 00:48 PM Abu Dhabi Aviation OKs AED 88.9m dividends for 2018
Abu Dhabi – Mubasher: Abu Dhabi Aviation said that its board of directors had approved distributing a cash dividend of 20 fils per share, or 20% of the share's capital, to the shareholders for the full-year 2018. The company will …
Cash Dividends
EPS registered AED 0.52 in 2018
11 February 2019 03:47 PM Abu Dhabi Aviation’s profit falls 21% in 2018
Abu Dhabi – Mubasher: Abu Dhabi Aviation Company on Monday posted a 21% year-on-year profit decline for the full-year 2018. Net profits amounted to AED 231.4 million ($63.01 million) in 2018, compared to AED 243.6 million ($66.33 million) in 2017, …
Financial Results
Abu Dhabi Aviation’s profits fall 18% fall in Q3
29 October 2018 04:35 PM Abu Dhabi Aviation’s profits fall 18% fall in Q3
Abu Dhabi – Mubasher: Abu Dhabi Aviation Co on Monday posted net profits totaling AED 94.169 million ($25.64 million) in the third quarter of 2018, down 18.42% year-on-year from AED 115.47 million ($31.44 million). The company's operating revenues …
Financial Results