Petra Airlines is an airline based in Amman, Jordan. The company was founded in 2005 as a subsidiary of RUM Group (which also owned now defunct Air Rum), but acquired its first airplane only in October 2010. The name of the company is derived from the rock cut city of Petra, one of the most famous tourist sights in Jordan.
In early 2011, Petra Airlines began providing charter services to tour operators. In 2012, it is upgrading its license to become a scheduled airline.
On 5 January 2015 Air Arabia announces the acquisition of a 49 per cent stake in Petra Airlines. It will also change its name into Air Arabia Jordan in the near future. The first and largest low cost carrier (LCC) in the Middle East and North Africa, intends to open a new international hub at Queen Alia International Airport, Amman, Jordan. The principal shareholder of Petra Airlines “RUM Group‟ maintain a 51 per cent stake in the airline. Following the acquisition and the establishment of the new Air Arabia Jordan operations is expected to commence in the first quarter of 2015.
Air Arabia Jordan will provide direct service to a range of destinations across Europe, Middle East and North Africa region from Queen Alia International Airport. Through the establishment of a new hub in Jordan Air Arabia's operational footprint extends into the Levant.