SNG: Kuwait: Jazeera Airways post $15.3mln profit Q1 '25

About this update from Jazeera Airways Co. (ksc)

Staff WriterKUWAIT: Kuwait's Jazeera Airways announced, Wednesday profits worth KD 4.7 million (about USD 15.3 million) in the first quarter of 2025 (Q1), with share value of 21.44 fils, marking a sharp 274.8 percent increase compared to last year. Chairman, Marwan Boodai stated in a press statement that the company hit KD 53.6 million (about USD 174.8 million) in operating revenue during Q1 2025, up to 15.5 percent, as operating profit surged to KD 6.8 million (about USD 22.1 million). He also noted that the airline carried 1.2 million passengers in the first quarter of this year, reflecting a 7.7 percent increase from the same period last year.Founded in 2004 and enlisted on Boursa Kuwait since 2008, Jazeera Airways operates low-cost commercial flights and air cargo services from Kuwait International Airport's Terminal 5.All KUNA right are reserved © 2022. Provided by SyndiGate Media Inc. (Syndigate.info).Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

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