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Air Arabia controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2019

    Abraaj investment exposure

    Air Arabia disclosed exposure of approximately US$336 million to Abraaj through funds and short-term loans. After Abraaj’s collapse, the airline reported a major accounting impact related to the exposure and pursued legal action against founder Arif Naqvi in Sharjah courts.

    Source