
Abu Dhabi Aviation revenue jumps 28% on MRO and freight growth
Group half-year revenue reaches 4.66 billion dirhams, lifted by a one-off contract settlement and expanding maintenance programmes, though net profit growth trails.
Abu Dhabi Aviation’s revenue surged 28.2% in the first half of 2026, reaching 4.66 billion dirhams ($1.27 billion), as its maintenance, repair and overhaul (MRO) operations and air freight business offset regional air traffic disruption. The group, listed on the Abu Dhabi Securities Exchange, reported net profit of 420.6 million dirhams, a more modest 6.6% increase, reflecting lower margins and the weight of a non-recurring item.
The revenue acceleration was sharpest in the second quarter, when the top line jumped 60.3% year-on-year, compared with just 1.4% in the first quarter. The company attributed the swing to contracted programmes entering full execution, particularly at its MRO platform Ammroc. The MRO segment alone grew revenue 30.6% and accounted for 89.6% of the group total, while general aviation revenue rose 7.6% to 509.9 million dirhams, supported by higher cargo volumes at Maximus Air. That gain was partly offset by some external clients delaying the entry of aircraft into the region for maintenance at Etihad Engineering.
Results included a one-time settlement related to a legacy Ammroc contract, which added 364 million dirhams to revenue, 112 million dirhams to operating profit and 102 million dirhams to net profit. Stripping out that item, underlying growth was more measured. The group’s fleet of helicopters and fixed-wing aircraft serves offshore energy, air ambulance, search and rescue, private aviation and cargo, but the revenue weight is shifting decisively toward technical support services.
The company flagged that the durability of demand for maintenance contracts, the speed at which contracted programmes transition to execution, and the trajectory of the air freight business will be key indicators to watch in the second half.
| Arab Gulf press | +0.90 | aligned |
|---|---|---|
| Arab Levant-Maghreb press | +0.20 | neutral |
Abu Dhabi exalts its carrier as a symbol of progress and economic diversification.
The emphasis on modernization and globality turns a corporate figure into a national epic, making success seem inevitable and natural.
The Levant interrogates the financials, denouncing the fragility of growth.
The breakdown of financial data into technical details creates an aura of objectivity, yet leaves room for doubt about sustainability.
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