Kuwait city: Jazeera Airways announced a significant financial achievement in 2025, reporting a net profit of KD 21.8 million (approximately USD 71 million), which represents a substantial 113.7 percent increase compared to the previous year. The airline's earnings per share reached 99.05 fils, reflecting its robust financial health.
According to Kuwait News Agency, Chairman of the Board Marwan Boodai highlighted in a press statement that the company's operating revenues for 2025 amounted to KD 218.1 million (approx. USD 710.9 million), while operating profits reached KD 26 million (approx. USD 84.7 million), marking a 50.7 percent year-on-year growth. In light of these strong financial results, the Board of Directors has recommended a cash dividend distribution of 85 fils per share, pending shareholder approval.
Despite the overall positive performance for the year, Jazeera Airways recorded a net loss of KD 1.2 million (around USD 3.9 million) in the fourth quarter of 2025, which represents a decrease of 69.7 percent compared to the same period in 2024. During this quarter, the airline's operating revenues increased by 3.3 percent to KD 46.5 million (approximately USD 151.5 million), while operating profits stood at KD 0.5 million (around USD 1.6 million), reflecting an 85.9 percent decline.
Boodai noted the airline's operational success, stating that the number of passengers in the fourth quarter reached 1.3 million, a year-on-year increase of 4.9 percent. For the entirety of 2025, passenger numbers grew to five million, up 2.2 percent. The company's performance was driven by disciplined execution, strategic network expansion, and a continued focus on safety and efficiency.
Jazeera Airways operated 37,351 flights throughout the year, maintaining its status as the most active airline at Kuwait International Airport for the fourth consecutive year. Established in 2004 and listed on Boursa Kuwait in 2008, the airline provides low-cost commercial and air cargo services from Terminal 5 at Kuwait International Airport.