Jazeera Airways Reports Strong First Half 2025 Results
Financial and Operational Highlights
2Q 2025 ◆ Operating revenue: KD 48.6 million, down 7.5% from 2Q 2024◆ Operating profit: KD 4.8 million, down 28.4% from 2Q 2024◆ Net profit: KD 4.8 million, down 11% from 2Q 2024◆ Passengers: 1 million, down 7.9% from 2Q 2024◆ Load factor: 72% 1H 2025 ◆ Operating revenue: KD 102.2 million, up 3.3% from 1H 2024◆ Operating profit: KD 11.6 million, up 45.1% from 1H 2024◆ Net profit: KD 9.6 million, up 249.5% from 1H 2024◆ Passengers: 2.3 million, up 0.1% from 1H 2024◆ Load factor: 75.5%Commenting on the results, Marwan Boodai, Chairman of Jazeera Airways, said: 'These results reflect the resilience of our business model and the strength of our strategic direction. Despite external headwinds, we have delivered strong profitability and reinforced our market leadership. As we continue to invest in expanding our network and customer experience, we remain firmly committed to supporting and strengthening Kuwait's position as a regional aviation hub.'Second Quarter 2025 – Operational Review:In Q2 2025, Jazeera Airways continued expanding its network with the launch of new routes to Budapest (Hungary), Hurghada (Egypt), Sochi (Russia), and Yerevan (Armenia), offering travellers even more options for summer leisure travel. The airline also resumed flights to Damascus, Syria — a key milestone that re-established direct connectivity between Kuwait and Syria after 13 years. Alongside network growth, Jazeera remained focused on enhancing the digital travel experience through ongoing investment in passenger-centric innovations. Outlook for 2025The outlook for the second half of 2025 remains positive, with the airline closely monitoring regional geopolitical developments to ensure stable operations. Jazeera Airways remains focused on network expansion, digital transformation, and service enhancement — ensuring sustained progress across financial and operational metrics.
Jazeera Airways' fleet optimization remains on track, with the 180-seat configuration set for completion by Q4 2025. The airline is also preparing to receive 26 new aircraft from 2026, enabling network expansion, operational scale, and growth in commercial and e-commerce channels. With continued investments in customer experience, innovation, and Terminal 5 upgrades, Jazeera is well-positioned to drive future growth and reinforce its role in Kuwait's aviation sector.
© 2000 - 2025 Al Bawaba (www.albawaba.com)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Al Bawaba
a day ago
- Al Bawaba
Warba Launches 'Your Coffee on Us' Campaign in Partnership with Kuwait Flour Mills at T4
Warba Bank has announced the launch of a new strategic collaboration with Kuwait Flour Mills & Bakeries Company, coinciding with the opening of the company's branch at Kuwait International Airport, specifically in Terminal 4 (T4). Through this partnership, the Bank will offer its traveling customers an exclusive benefit: a complimentary coffee from the Kuwait Flour Mills branch at T4, provided they are Warba Bank customers traveling through the terminal. This collaboration is an extension of Warba Bank's approach to supporting national projects and initiatives that reflect the integration of efforts between government institutions and the private sector, particularly those aimed at improving services in vital public facilities such as airports. The initiative aims to portray a positive image of Kuwait while enhancing the travel experience for passengers to and from the country. It also reflects Warba's ongoing commitment to delivering genuine added value through its summer campaigns. Customers can redeem this exclusive offer by using the electronic code (CODE) available through the Warba Bank mobile app's marketplace. The CODE is presented at the Kuwait Flour Mills branch in the airport to claim a free coffee. Steps include: opening the Warba Bank app, navigating to the marketplace, selecting the discount code section, choosing Kuwait Flour Mills, retrieving the discount code, and finally presenting it at the point of sale before payment. This process reflects the Bank's focus on offering tangible, direct benefits that enhance its customers' experiences and align with their lifestyle. Commenting on the initiative, Mr. Ayman Salem Al-Mutairi, Director of Public Relations and Corporate Communications at Warba Bank, stated: "This initiative stems from our commitment to providing added value to our customers at every stage of their journey from banking services to the details that matter during travel. It also reflects our dedication to supporting national products and services, especially those that fall under successful public-private partnerships." He added: "We are proud to launch this fruitful collaboration with Kuwait Flour Mills Company, which reflects our commitment to delivering a distinguished banking experience to our customers, even while they travel. This partnership also aligns with our focus on supporting local projects and fostering partnerships between the public and private sectors. We firmly believe in the importance of boosting the local economy and supporting the growth and development of Kuwaiti companies, which we continue to pursue through our various initiatives." Warba Bank's Commitment to Innovation and Excellence Warba Bank continues to lead the way in providing innovative digital services and exclusive offers that strengthen its position as a modern Islamic banking institution. The Bank aims to create a banking experience rooted in genuine engagement with customers' needs and aspirations, in line with its slogan, 'Let's Own Tomorrow.' Warba Bank has achieved remarkable success in a short period, securing a leading position in Islamic digital banking in Kuwait. It is among the local banks with the largest shareholder base, making it close to all segments of society. This achievement further reaffirms the Bank's position as a trusted banking partner that combines innovation and social responsibility in delivering best-in-class financial products and services.
Al Bawaba
2 days ago
- Al Bawaba
Jazeera Airways Reports Strong First Half 2025 Results
Jazeera Airways, Kuwait's leading low-cost carrier, today announced its financial and operational results for the first half of 2025, reporting a solid performance despite regional geopolitical challenges and temporary airspace disruptions in airline posted a net profit of KD 9.6 million for 1H 2025, reflecting a remarkable 249.5% increase over the same period in 2024. Group operating revenue rose by 3.3% to KD 102.2 million, supported by capacity growth, a diversified portfolio business, and growing ancillary traffic remained strong, reaching 2.3 million travelers in the first six months of the year — a 0.1% year-on-year increase — with a load factor of 75.5%. Jazeera also sustained its market leadership at Kuwait International Airport, capturing a 29.5% market share and operating a fleet of 24 aircraft to 63 destinations across the Middle East, Asia, Africa, and resilience remained a key strength, with the airline improving its on-time performance (OTP) from 79.7% in 1H 2024 to 82%, despite airspace impacts underscoring its continued commitment to reliability and customer satisfaction. Ancillary revenue grew by 26.6%, reaching KD 10.9 million, reflecting sustained growth with product innovation unforeseen airspace closures and regional instability, Jazeera closed a strong second quarter in, with net profits of KD 4.8 million, 1 million passengers and a load factor of 72%. Financial and Operational Highlights 2Q 2025 ◆ Operating revenue: KD 48.6 million, down 7.5% from 2Q 2024◆ Operating profit: KD 4.8 million, down 28.4% from 2Q 2024◆ Net profit: KD 4.8 million, down 11% from 2Q 2024◆ Passengers: 1 million, down 7.9% from 2Q 2024◆ Load factor: 72% 1H 2025 ◆ Operating revenue: KD 102.2 million, up 3.3% from 1H 2024◆ Operating profit: KD 11.6 million, up 45.1% from 1H 2024◆ Net profit: KD 9.6 million, up 249.5% from 1H 2024◆ Passengers: 2.3 million, up 0.1% from 1H 2024◆ Load factor: 75.5%Commenting on the results, Marwan Boodai, Chairman of Jazeera Airways, said: 'These results reflect the resilience of our business model and the strength of our strategic direction. Despite external headwinds, we have delivered strong profitability and reinforced our market leadership. As we continue to invest in expanding our network and customer experience, we remain firmly committed to supporting and strengthening Kuwait's position as a regional aviation hub.'Second Quarter 2025 – Operational Review:In Q2 2025, Jazeera Airways continued expanding its network with the launch of new routes to Budapest (Hungary), Hurghada (Egypt), Sochi (Russia), and Yerevan (Armenia), offering travellers even more options for summer leisure travel. The airline also resumed flights to Damascus, Syria — a key milestone that re-established direct connectivity between Kuwait and Syria after 13 years. Alongside network growth, Jazeera remained focused on enhancing the digital travel experience through ongoing investment in passenger-centric innovations. Outlook for 2025The outlook for the second half of 2025 remains positive, with the airline closely monitoring regional geopolitical developments to ensure stable operations. Jazeera Airways remains focused on network expansion, digital transformation, and service enhancement — ensuring sustained progress across financial and operational metrics. Jazeera Airways' fleet optimization remains on track, with the 180-seat configuration set for completion by Q4 2025. The airline is also preparing to receive 26 new aircraft from 2026, enabling network expansion, operational scale, and growth in commercial and e-commerce channels. With continued investments in customer experience, innovation, and Terminal 5 upgrades, Jazeera is well-positioned to drive future growth and reinforce its role in Kuwait's aviation sector. © 2000 - 2025 Al Bawaba (
Al Bawaba
4 days ago
- Al Bawaba
New Jazeera Terminal 5 General Manager to Lead Next Phase of Growth and Expansion
Jazeera Airways today announced the appointment of Alp Er Tunga Ersoy as the new General Manager of Jazeera Terminal 5 (T5) at Kuwait International Airport. With record-breaking passenger growth and ongoing investments in elevating the travel experience, this strategic leadership appointment comes at a pivotal time for the Pasupathi, Chief Executive Officer of Jazeera Airways, commented: 'Jazeera Airways is unique in the region for owning and operating its own Terminal. As we expand T5 and plan for T6, delivering a seamless and customer-focused airport experience remains central to our vision. We're pleased to welcome Alp Er Tunga Ersoy as General Manager of our terminal portfolio. His leadership comes at a crucial time of record growth and continued investment, and we're confident his expertise will help drive our next phase of operational and strategic excellence.'Since its opening, Jazeera Terminal 5 has redefined the airport experience in Kuwait, quickly becoming a benchmark for efficiency and convenience in the region. Passenger traffic through the terminal has seen steady year-on-year growth, now reaching 5 million annually, driven by Jazeera Airways' expanding network across the Middle East, Asia, and Balakrishnan, Deputy CEO and CFO at Jazeera Airways, added: 'In his role, Alp will focus on enhancing operational efficiency, scaling infrastructure, and elevating the service proposition across the terminal portfolio. His appointment reinforces Jazeera Airways' commitment to supporting Kuwait's ambition of becoming a premier regional aviation and transit hub, while ensuring strong returns on infrastructure investments.'Alp assumes leadership at a pivotal moment as T5 embarks on its next phase of development, including both the expansion of T5 and the creation of Terminal 6 (T6), which will significantly increase capacity and introduce next-generation facilities to support the future of travel in Kuwait. These projects will progressively raise total passenger capacity from 5 million to 7.5 million, and eventually to 12 million, while aligning with Kuwait's vision for a world-class aviation highlighted: 'I am honored to join Jazeera Airways at this dynamic stage of growth. With the expansion of T5 and the development of T6 ahead, I look forward to leading operations, commercial strategy, and infrastructure development to enhance efficiency, elevate the passenger experience, and shape the future of airport travel in the region.' With over 25 years of international experience in airport management, ground handling, terminal operations, and customer service—including his previous role as CEO of Istanbul Sabiha Gokcen Airport—Alp is well-positioned to lead both T5 and the future T6 through a period of rapid growth and innovation.
