Key Takeaways
- AIR plans to build an approximately 70,000-square-foot manufacturing facility in Stefanesti, Bucharest North, Romania.
- The facility is expected to commence operations by Q1 2027.
- AIR said the facility is expected to support more than 150 jobs once fully operational.
- The facility is expected to produce more than 4,000 tons of flavored shisha molasses each year.
- AIR reported 2025 revenue of approximately $400 million, up 6%, and EBITDA of $139 million, up 8%.
2Firsts, May 8, 2026
According to a press release from AIR Limited, the company plans to open a new manufacturing facility in Stefanesti, Bucharest North, Romania, covering approximately 70,000 square feet.
The new facility is expected to start operations in Q1 2027
AIR said the facility is expected to commence operations by the first quarter of 2027. The company said the new facility would extend its operational capacity and flexibility.
AIR said that once fully operational, the facility is expected to support more than 150 jobs.
Annual capacity is expected to exceed 4,000 tons
According to the press release, the facility is expected to be capable of producing more than 4,000 tons of flavored shisha molasses each year.
AIR Chief Executive Officer Stuart Brazier said the new facility will enhance production capabilities and provide added operational resilience in a more uncertain global geopolitical context.
The company said the facility will support long-term operational strength and supply chain flexibility for its product line.
2025 revenue was about $400 million
AIR also disclosed that the company achieved revenues of approximately $400 million in 2025, representing 6% year-on-year growth.
EBITDA grew 8%
AIR and Cantor Equity Partners III announced on November 7, 2025, that they entered into a definitive business combination agreement. Upon closing, the combined company AIR Global PLC is intended to become publicly listed on Nasdaq in the United States under the ticker symbol “AIIR.”
Transaction remains subject to approvals
AIR said the transaction is expected to be completed in the second quarter of 2026, subject to regulatory approvals and other customary conditions.
The company said AIR was launched in 1999 and is headquartered in Dubai, with a presence in more than 90 markets worldwide. Its portfolio includes Al Fakher, Hookah.com and OOKA.
Image Source: AIR
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