ZAWYA-PRESSR: Jazeera Airways reports record profit at KD 21.8mln for FY 2025

About this update from Jazeera Airways Co. (ksc)

Board of Directors recommends a dividend of 85 fils per shareKuwait: Jazeera Airways today announced its financial results for FY 2025, delivering the strongest profit performance in the airline’s history, on its 20th anniversary of flying. Net profit reached a record KD 21.8 million, representing a 113.7% increase year-on-year, reflecting disciplined execution, sustained demand, and improved operating efficiency.Operating revenue increased 4.6% to KD 218.1 million, supported by steady network performance and passenger growth. Group operating profit rose 50.7% to KD 26.0 million, underscoring the effectiveness of cost discipline and operational optimization initiatives compared with FY 2024.Passenger traffic exceeded 5 million passengers during the year, marking a 2.2% increase, with a healthy load factor of 77.6%, reflecting balanced capacity deployment and resilient demand across the network.In the fourth quarter of 2025, Jazeera Airways continued to demonstrate improving performance. Operating revenue increased 3.3% to KD 46.5 million, while quarterly losses narrowed significantly by 69.7% to KD 1.3 million, compared with KD 4.2 million in the corresponding period last year. This improvement was primarily driven by stronger revenues and the successful implementation of targeted measures to enhance operating efficiency.Reflecting the company’s strong financial position and confidence in its outlook, the Board of Directors has recommended the distribution of a dividend of 85 fils per share, subject to shareholders approval.Financial Highlights2025 HighlightsOperating revenue: KD 218.1 million, up 4.6%Operating profit: KD 26 million, up 50.7%Net profit: KD 21.8 million, up 113.7%Passengers: 5 million, up 2.2%Load Factor: 77.6%, down 0.9%Q4 2025 HighlightsOperating revenue: KD 46.5 million, up 3.3%Operating profit: KD (0.5) million, down 85.9%Net Loss: KD 1.2 million, down 69.7%Passengers: 1.3 million, up 4.9%Load Factor: 80.8%, up 1.4%Marwan Boodai, Chairman, Jazeera Airways, said: “Jazeera Airways outstanding performance in 2025, our 20th anniversary year, reflects the strength of Jazeera Airways’ business model, the discipline of our execution, and the commitment of our people. 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....

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