Jazeera Airways profit doubled in 2025
- Net profit was $71.5m
- Passenger traffic exceeded 5m
- Planned improvements to fleet
Jazeera Airways said net profit more than doubled last year, thanks to rising passenger volume and improved operating efficiency.
The bottom line was up 114 percent from 2024 to KD21.8 million ($71.5 million), as operating revenue increased 5 percent to KD218 million, Kuwait’s budget carrier said in a statement.
“Delivering our highest-ever profit while operating in a complex and dynamic environment underscores the resilience of the airline and the effectiveness of our long-term strategy,” chairman Marwan Boodai said.
Passenger traffic went beyond 5 million, up 2.2 percent, with a load factor of 78 percent.
The board recommended a dividend payout of 85 fils per share, subject to shareholder approval.
Further reading:
- Jazeera Airways board backs voluntary acquisition offer
- Shares of Jazeera Airways rise 5% as profit jumps
- Jazeera Airways ordered to pay fine for Covid parking
Fleet optimisation, including a full transition to a 180-seat configuration and delivery of three of its 26 new aircraft in 2026, will strengthen unit economics, the airline said, along with planned upgrades to Jazeera Terminal 5.
The airline remains confident in its ability to navigate external uncertainties, the statement said.
Shares of the airline, which trade on Boursa Kuwait, were up 1.4 percent at KD22 on Tuesday afternoon.
Founded in 2004, the airline’s major shareholders are The Boodai Group and Jassim Mohammad Al Mousa General Trading.
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