Jazeera Airways Group announces record earnings for Q3 2014

  • Published by Ozgur Tore

Jazeera Airways Group Chairman, Marwan Boodai, said, “Despite the continued political unrest in several areas of our network, the company managed to deliver the best earnings in the history of our nine-year old airline,”.

jazeera airwaysJazeera Airways Group today announced a record net profit of KD8.1 million for Q3 2014, up 22.6% from Q3 2013’s KD6.6 million, making it the company’s best quarter in history. This is the company’s 17th quarter of straight profitability, of which 13 had record net earnings.

In 2014, Jazeera Airways upgraded its Istanbul route by operating to and from the city’s primary airport, Istanbul Atatürk Airport (IST), with five flights a week, instead of flying to Sabiha Gökçen International Airport (SAW), to which the airline has served since 2008. The move to Istanbul Atatürk Airport bolstered the route by offering customers better flight schedules to an airport that is at the heart of the city.

Jazeera Airways Group is a Kuwait Stock Exchange-listed company with a fleet of 15 A320s, through its wholly-owned leasing-arm Sahaab Aircraft Leasing. Sahaab has assets placed with Virgin America, SriLankan Airlines, Flynas, TAP Portugal and Jazeera Airways.

Jazeera Airways (the airline) operates seven Airbus A320s with a two-class cabin comprising a Business Class and an Economy Class. Business Class travelers get both an upgraded experience and exclusivity, starting with exclusive check-in lines, business lounge access, up to 60 kilograms in free baggage allowance, and an exclusive on-board cabin. The airline’s Economy Class offers travelers free baggage allowance of 40 kilograms and free on-board meals with a changing menu every month.

Jazeera Airways is based in Kuwait and serves 20 popular destinations in the Middle East from Kuwait comprising high-demand business, leisure, family, and weekend destinations such as Dubai, Bahrain, Beirut, Alexandria, Amman, Istanbul, Sharm El Sheikh, Assiut, Luxor, Mashhad, Sohag, Jeddah, Riyadh, and Cairo.



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