Vehicle: Infrastructure and Growth Capital Fund L.P. (IGCF)
Country: UAE
Sector: Aviation
Investment Date: December 2007
Website: www.airarabia.com

Profile:Based at Sharjah International Airport in the United Arab Emirates, Air Arabia is the Gulf Cooperation Council's (GCC) leading low-cost carrier (LCC). The company started operating in 2003 with a fleet of two aircraft flying to five destinations, and has since grown to operate a fleet of sixteen Airbus A320 aircrafts flying to over 44 destinations within the Middle East, North Africa and the Indian sub-continent.