Jazeera Airways Reports Q1 2026 Financial Results
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Jazeera Airways turns to loss after Kuwait airport closure
Kuwait-listed Jazeera Airways swung to a loss after revenue fell in the first quarter due to the closure of Kuwait International Airport. The airport was closed for 57 days, the longest closure of any airport in the region, after an Iranian drone hit the radar system on March 15. The airline reported a net loss of KD1.1 million ($4 million) between January and March, compared to a net profit of KD4.7 million in the same period last year. Operati…
Jazeera Airways reports Q1 2026 financial results - Times Kuwait
Jazeera demonstrates strong operational agility and resilience Board approves distribution of interim dividends of 83 fils Jazeera Airways today announced its financial results for the first quarter (Q1) of 2026, reporting operating revenue of KD 45.1 million, a year-on-year decline of 15.8%. Performance during the quarter was significantly affected by the geopolitical crisis that resulted in the temporary closure of Kuwait International Airport…
Jazeera demonstrates strong operational agility and resilience
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