All Jazeera Airways articles

  • Jazeera A320neo-c-Jazeera Airways
    News

    Jazeera profitability bounces back after currency-hit start to year

    2024-08-08T12:27:00Z

    Kuwaiti budget carrier Jazeera Airways has rebounded from a currency-hit beginning to the year, posting a strong second quarter with net profit up 37%. Jazeera’s net profit of KD5.4 million ($17.6 million) helped limit the impact on its first-half performance. Its six-month net profit of KD2.7 million was down by ...

  • Jazeera A320neo-c-Jazeera Airways
    News

    Jazeera blames currency fluctuations as first quarter performance dips

    2024-05-02T09:29:00Z

    Kuwaiti budget carrier Jazeera Airways is blaming adverse foreign currency effects for a first-quarter net loss of KD2.7 million ($8.8 million). The figure is a reversal of the KD2.3 million profit achieved in the same quarter last year. Jazeera Airways says the result was “mainly due” to the impact of ...

  • Barathan Pasupathi-c-Jazeera Airways
    News

    Former Jetstar Asia chief to head Kuwait’s Jazeera Airways

    2024-03-04T12:31:00Z

    Former Jetstar Asia head Barathan Pasupathi is to return to Kuwaiti budget carrier Jazeera Airways as its new chief executive. Pasupathi is to succeed Rohit Ramachandran who is stepping down from the Middle Eastern operator after seven years. He was formerly Jazeera Airways’ chief financial officer from 2007-10 and played ...

  • Jazeera A320-c-Jazeera
    News

    Yield pressure from Gulf carriers drives down Jazeera full-year profit

    2024-02-06T14:41:00Z

    Kuwaiti carrier Jazeera Airways’ full-year net profit fell by nearly 70% to KD6.2 million ($20.1 million), as it experienced a substantial decline in yield. Jazeera Airways’ revenues to the end of 2023 reached KD198 million – a rise of 8.8%. But the budget airline says a “sudden and large influx ...

  • Jazeera A320-c-Jazeera
    News

    Jazeera cites yield pressure as third-quarter profits halve

    2023-11-07T07:10:00Z

    Kuwaiti budget carrier Jazeera Airways’ net profit halved during the third quarter, to just under KD7 million ($22.7 million). The carrier’s revenues dipped slightly to KD61 million despite a 28% rise in passenger numbers to 1.38 million for the three months to 30 September. Jazeera expanded its fleet with the ...

  • Jazeera A320neo-c-Jazeera Airways
    News

    Expanding Jazeera Airways turns in profitable first half

    2023-08-08T06:35:00Z

    Kuwaiti budget carrier Jazeera Airways is fitting lightweight seats to its expanding fleet, and intends to open additional routes before the end of this year. Jazeera turned in a KD6.27 million ($20.4 million) net profit for the first half. Although this was some 15% down on last year’s interim, the ...

  • Jazeera A320neo-c-Jazeera Airways
    News

    Jazeera chief stays coy on fleet requirements for Saudi carrier

    2023-05-12T14:14:00Z

    Kuwaiti budget carrier Jazeera Airways is expecting to have around 35 aircraft by 2025, with a number of them potentially allocated to its proposed Saudi Arabian joint venture. Speaking during a briefing earlier this month, chief executive Rohit Ramachandran referred to ‘Jazeera Saudi’ – a start-up in which the Kuwaiti ...

  • Jazeera A320-c-Jazeera
    News

    Jazeera Airways to bring in A321s under latest lease plan

    2023-05-02T12:20:00Z

    Kuwaiti budget carrier Jazeera Airways is preparing to lease a pair of Airbus A321s, as it continues to source single-aisle capacity ahead of receiving new aircraft. The airline’s board agreed the lease of the A321s – as well as another pair of A320s – at meeting held on 2 May. ...

  • Jazeera A320-c-Anna Zvereva Creative Commons
    News

    Kuwait’s Jazeera progresses with A320 leases

    2023-04-17T12:18:00Z

    Kuwaiti budget carrier Jazeera Airways is set to discuss the lease of an additional Airbus A320, along with a batch of engines. The airline’s board says it will meet on 18 April to talk about the proposed lease. It has identified the aircraft involved as MSN4601. The aircraft is a ...

  • Jazeera A320-c-Anna Zvereva Creative Commons
    News

    Jazeera to create new Saudi low-cost airline

    2023-03-14T15:54:00Z

    Kuwaiti budget carrier Jazeera Airways is taking preliminary steps to establish a new operator in Saudi Arabia. Jazeera’s board held a meeting on 12 March at which it approved the plan. “The financial impact will be determined once the establishment and operating licensing procedures [are] finalised,” it states. Jazeera says ...

  • Jazeera A320neo-c-Jazeera Airways
    News

    Jazeera turns in strong full-year financial results

    2023-02-07T15:08:00Z

    Kuwaiti budget carrier Jazeera Airways has turned in a strong full-year performance with a net profit of over KD20 million ($65 million). It states that it built on a “quick return” to profitability in the second half of 2021, and points out that its financial results have exceeded pre-crisis figures. ...

  • Airline Business Insight web
    Airline Business

    Airline Business performance tracker: rest of world Q3 2022

    2022-12-22T10:50:00Z

    Key data from the most-recent earnings period – the fourth quarter of 2022 – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight

  • Jazeera Airbus A320neo
    News

    Strong summer lifts Jazeera past 2019 passenger levels over first nine months

    2022-10-31T16:12:00Z

    Kuwaiti low-cost carrier Jazeera Airways lifted operating profits by 25% to KD16.1 million ($51.8 million) in the third quarter on a doubling of revenues.

  • Jazeera A320neo-c-Jazeera Airways
    News

    Jazeera turns in first-quarter profit as travel rebounds

    2022-04-27T07:09:00Z

    Kuwaiti budget carrier Jazeera Airways has generated a first-quarter net profit of KD3.8 million ($12.4 million), contrasting with last year’s loss of KD5.2 million for the period. It attributes the performance to a sharp increase in passenger numbers as travel restrictions were lifted in Kuwait. Revenues for the three months ...

  • SIA A350F-c-Airbus
    News

    Airbus long-haul activity weakens but A220 sales prove buoyant

    2022-03-09T08:02:00Z

    Airbus’s long-haul orders sank further into negative territory during February, although strong single-aisle sales – particularly for the A220 – left the airframer with positive net orders for the first two months of the year. Twenty A330-900s assigned to unidentified customers have been removed, Airbus’s latest backlog figures reveal. Although ...

  • Jazeera A320neo-c-Jazeera Airways
    News

    Jazeera Airways confident as quarterly profit run continues

    2022-02-14T09:36:00Z

    Kuwaiti budget carrier Jazeera Airways is optimistic over recovery prospects after turning in a full-year net profit of KD7.1 million ($23.4 million). The airline transported 1 million passengers last year, contributing to revenues of KD80.4 million, and average load factor reached nearly 69%. “We are confident that restrictions on the ...

  • Jazeera A320neo-c-Jazeera Airways
    News

    Jazeera inks preliminary deal for up 28 Airbus A320neos

    2021-11-16T08:44:00Z

    Kuwaiti low-cost carrier Jazeera Airways has sealed a memorandum of understanding for 20 Airbus A320neos and eight A321neos.

  • Jazeera A320neo-c-Jazeera Airways
    News

    Jazeera claims ‘worst behind us’ after early return to profitability

    2021-11-03T07:24:00Z

    Kuwaiti carrier Jazeera Airways returned to profitability in the third quarter, earlier than the airline had forecast, and managed to break even over the first nine months of the year. The airline turned in a third-quarter net profit of KD11.8 million ($39 million), after generating revenues of KD31.7 million. Chairman ...

  • Jazeera A320neo-c-Jazeera Airways
    News

    Jazeera’s second quarter operating loss widens

    2021-08-16T12:44:00Z

    Kuwait’s Jazeera Airways’ operating loss widened significantly in the second quarter to KD4.73 million ($15.7 million) as compared to KD1.87 million in the same period in 2020.

  • Jazeera A320neo-c-Jazeera Airways
    News

    Kuwait’s Jazeera steps up to London Heathrow services

    2021-06-10T10:06:00Z

    Kuwaiti budget carrier Jazeera Airways is to open London Heathrow services from mid-June, two years after commencing operations at London Gatwick. The airline says it will operate its initial flight on 18 June, and serve the route from Kuwait weekly. Jazeera claims it will be the first low-cost airline from ...