PRESSR: Jazeera Airways reports strong first half 2025 results

About this update from Jazeera Airways Co. (ksc)

Passenger traffic reaches 2.3 millionMaintains market leadership at Kuwait International Airport with 29.5% shareKuwait: 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 Q2.The 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 income.Passenger 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 Europe.Operational 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 strategies.Despite 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 Highlights2Q 2025Operating revenue: KD 48.6 million, down 7.5% from 2Q 2024Operating profit: KD 4.8 million, down 28.4% from 2Q 2024Net profit: KD 4.8 million, down 11% from 2Q 2024Passengers: 1 million, down 7.9% from 2Q 2024Load factor: 72%1H 2025Operating revenue: KD 102.2 million, up 3.3% from 1H 2024Operating profit: KD 11.6 million, up 45.1% from 1H 2024Net profit: KD 9.6 million, up 249.5% from 1H 2024Passengers: 2.3 million, up 0.1% from 1H 2024Load 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 exp...

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