Jazeera Airways has reported its strongest financial performance to date, posting a record net profit of KD 21.8 million ($80 million) for FY 2025, marking its 20th anniversary year.
The Kuwait-based carrier said net profit rose 113.7% year-on-year, driven by sustained passenger demand, tighter cost control and improved operational efficiency. Operating revenue increased by 4.6% to KD 218.1 million, supported by steady network performance and growth in passenger numbers.
Group operating profit climbed 50.7% to KD 26.0 million compared with FY 2024, reflecting what the airline described as disciplined execution and operational optimisation initiatives.
Passenger traffic surpassed 5 million over the year, up 2.2%, with a load factor of 77.6%. The airline said this reflected balanced capacity management and resilient demand across its network.
Performance also improved in the fourth quarter. Operating revenue for Q4 2025 rose 3.3% to KD 46.5 million. Quarterly losses narrowed sharply by 69.7% to KD 1.3 million, compared with KD 4.2 million in the same period last year. The airline attributed the improvement to stronger revenues and targeted measures aimed at enhancing efficiency.
In light of the results, the Board of Directors has recommended a dividend of 85 fils per share, subject to shareholders approval.
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. As we proudly look ahead, we remain focused on sustainable growth, operational excellence, and delivering consistent value to our shareholders.”
Operational review
During 2025, Jazeera Airways recorded 37,351 aircraft movements, maintaining its position as the most active carrier at Kuwait International Airport for the fourth consecutive year.
The airline said operations remained stable despite geopolitical uncertainty and periodic regional airspace closures, supported by disruption management and oversight measures.
Selective network expansion saw the launch of new routes to Abha, Abu Dhabi, Al Ain, Budapest, Damascus, Sarajevo, Sochi, and Yerevan, strengthening connectivity across regional and international markets.
The fleet was enhanced with the introduction of the airline’s first A320neo aircraft fitted with Expliseat TiSeat 2X seats. The lighter seating configuration delivers up to 1.2 metric tonnes of weight reduction per aircraft, helping to lower fuel consumption and CO₂ emissions.
Jazeera Airways also secured a national non-scheduled (charter) air carrier tender from the General Authority of Civil Aviation (GACA), permitting domestic and international charter services from Saudi Arabia. Investment in digital tools and passenger-focused initiatives continued throughout the year.
The airline described 2025 as a year of operational maturity, balancing expansion with resilience while laying groundwork for longer-term growth.
Outlook for 2026
Looking ahead, Jazeera Airways plans further fleet optimisation, including a full transition to a 180-seat configuration. Three of its 26 new aircraft are due for delivery in 2026. Upgrades to Jazeera Terminal 5 are also planned to accommodate rising passenger demand.
