Tag Archives: Jazeera

Jazeera Airways, continuing robust growth, announced record net profits of KD20.1 million for the year 2022, an increase of 183.6% over 2021. Operating revenues for 2022 increased to KD182.116 million, up 126.5%, and operating profit increased by 148.4% to KD26.8 million. With the resumption of operations at the Kuwait International Airport (KIA), the airline built on its quick return to profitability in the second half of 2021. During 2022, Jazeera also exceeded 2019 performance; which was the last comparable full year of unrestricted operations, by 30%. While overall passenger traffic at the airport dropped by 26% compared to 2019, Jazeera’s traffic grew by 19% during the same period. Passenger numbers increased by 247.5% to an unprecedented 3.6 million, compared to the last year. Load factor increased by 10.2% to 77.01, which offset a decline in yield, the average fare paid per passenger, by 35.1% to KD47.96. Marwan Boodai, Jazeera Airways Chairman, commented: “We are extremely proud to report record annual net profits for the year 2022, the highest in the history of Jazeera Airways. In the last year, high fuel prices added approximately KD9 million to our costs. Our financial performance despite this additional cost burden testifies to the aggressive cost focus across the organization. The fact that we carried 3.6 million passengers in 2022, up from 2.4 million passengers in 2019, shows the strong acceptance of our business model and growing service by our customers. With our growing fleet, new upcoming routes and planned enhancements to our operations, 2023 is going to be another exciting year.” In the last quarter of 2022, the airline reported a modest net loss of KD0.7 million, compared to a profit of KD7 million …

Jazeera Airways announced the launch of a new route to Moscow, Russia, serving an increasing demand for flights to the Middle East region and beyond. Jazeera will be the first airline to operate flights between the two cities. The route will cater to the increasing demand for tourist destinations for Russian travelers. They will be able to connect through Kuwait on to places such as Dubai, Sharm El Sheikh and popular cities in Turkiye. Jazeera Airways Chief Executive Officer, Rohit Ramachandran, said: “We expect high demand for this route from Day One, as our service comes at a time of a scarcity of flights serving Moscow. We are ideally placed in Kuwait to attract connecting leisure passengers from Russia as well as religious pilgrims to Saudi Arabia. We hope to expand the number of flights to our schedule during 2023.” The new route will commence on February 2, 2023 with four flights weekly leaving Kuwait on Mondays, Thursday, Fridays and Saturdays. Flights land at Moscow Domodedovo Airport (DME), one of the four major Moscow airports, and one of the busiest airports in Russia.  

Jazeera Airways has announced a partnership with Amadeus that will open up increased fare options and availability for travel agencies. Serving more than 2.2 million passengers a year and flying to 26 destinations, Jazeera Airways strives to be the seamless connection between its customers and their sources of inspiration. By adopting Amadeus’ Global Distribution Services (GDS) solutions, the airline will be well-positioned to provide the best value to customers and agents who book through the Amadeus system, while enjoying streamlined processes throughout several aspects of its operations. This partnership adds to the airline’s agreement with Navitaire, an Amadeus company, to use its customer-centric reservation platform to help drive higher revenues.