Company Insights Jazeera Airways Aviation Jazeera Airways Overview Jazeera Airways, the first non-government owned airline in the Middle East, was established in 2004 and operates from its hub at Kuwait International airport. It serves more than 50 destinations across the Middle East, Asia and Europe, and in 2019 launched its first flight to London, bringing the first new service from Kuwait to the UK in 55 years. Jazeera Airways fleet consists of Airbus A320, Airbus 320 neo and Airbus 321neo aircrafts. In 2018 it opened its own dedicated terminal at Kuwait International Airport featuring a dedicated check-in hall for Jazeera passengers. The facility is claimed to be the first owned, built and operated by a private airline in the Middle East. About 26 percent of the airline is owned by two companies affiliated with the Boodai Group – Wings Finance (9 percent) and Boodai Projects (17%). A further 25 percent is also held corporately by trading and real estate companies, and the rest is publicly held. Jazeera Airways continues to grow, now operating year-round flights to Larnaca in Cyprus and Sharm El Sheikh in Egypt, whilst restarting certain flights to India. Other new destinations include Russia, Uzbekistan, Egypt, Iran, Montenegro, Serbia, Albania and Pakistan. Subsidiaries include Jazeera Leasing Company, Al Sahaab Aircraft Leasing Company, Jazeera Airport Services Company, Jazeera Safeguard and Jazeera Academy. Jazeera Airways News Opinion Aviation Syria’s fragile flightpath: Can aviation rebuild after a lost decade? If confidence continues to build, daily services to European cities are entirely possible June 11, 2025 Opinion Aviation The quiet rise of Middle East low-cost carriers The budget air travel revolution is challenging the airline status quo across the region May 26, 2025 Analysis Aviation Flynas to test appetite for airline IPOs as Gulf rivals look on Low-cost carrier Flynas is preparing to go public on the Saudi Exchange this month in a deal that is being watched not only by investors but also by Gulf rivals considering their own listings, analysts have told AGBI. Among them is Abu Dhabi’s Etihad Airways, whose long-anticipated initial public offering could be shaped by Flynas’ […] May 14, 2025 Aviation Prince Alwaleed’s Flynas seeks $1.1bn in Saudi IPO Saudi budget airline Flynas is looking to raise as much as SAR4.1 billion ($1.1 billion) in an initial public offering (IPO) that started this week to finance expansion. The IPO price range was set at between SAR76 and SAR80 per share, implying a market capitalisation of as much as $3.65 billion. The airline, which is […] May 12, 2025 Analysis Aviation Kuwait’s aviation industry loses altitude as foreign airlines exit Kuwait’s ambitions for its aviation industry are faltering as a growing number of international carriers quit the market and airport upgrades are delayed. British Airways ceased its daily service from London in March, ending more than 60 years of operations. This follows withdrawals from Kuwait International Airport (KWI) by at least 14 other airlines since 2019, […] May 6, 2025 Aviation Narrow-body aircraft to push growth of Middle East fleets Gulf Arab airlines and other Middle East carriers will expand their fleets at almost double the rate of the global average over the next ten years, industry experts say. They will also increase the share of narrow-body planes over twin-aisle aircraft. Globally, fleet size is expected grow by 2.8 percent per year over the next […] March 23, 2025 Aviation Kuwait’s Jazeera Airways CEO buys shares in his own airline The CEO of Kuwait’s Jazeera Airways has bought 80,000 shares in his own company as the airline embarks on a five-year plan to boost performance. Barathan Pasupathi purchased the shares between March 9 and 13, according to company disclosures on the Kuwaiti Bourse, buying shares worth $250,000 in a series of transactions last week. Shares […] March 17, 2025 Analysis Aviation Etihad IPO likely to attract ‘significant’ investor interest Abu Dhabi-owned Etihad Airways is likely to attract “significant” investor interest if and when it sells shares in an initial public offering expected in March in the first Gulf Arab airline IPO in almost 20 years, analysts have said. Owned by Abu Dhabi sovereign wealth fund ADQ, the airline may raise as much as $1 […] February 28, 2025 Aviation Jazeera Airways to cut costs and double passengers by 2029 Kuwait’s Jazeera Airways plans to add more seats to its aircraft, expand its fleet and cut costs as part of a new five-year strategy to almost double the number of passengers in 2029. Adding seats this year will raise the average number per aircraft to 180 by the third quarter, the airline CEO Barathan Pasupathi […] February 6, 2025 Aviation Kuwait’s Jazeera Airways cuts losses as revenues rise Low-cost carrier Jazeera Airways, which trades on the Kuwaiti stock exchange, narrowed its fourth-quarter 2024 loss on rising revenue and operational efficiency. Net loss narrowed by 42 percent year on year to KD4.2 million ($13.6 million) in the final quarter, as operating revenue climbed 15 percent year on year to KD45.1 million. Passenger numbers grew 9 […] February 4, 2025 Posts navigation 1 2 3 Next
Opinion Aviation Syria’s fragile flightpath: Can aviation rebuild after a lost decade? If confidence continues to build, daily services to European cities are entirely possible June 11, 2025
Opinion Aviation The quiet rise of Middle East low-cost carriers The budget air travel revolution is challenging the airline status quo across the region May 26, 2025
Analysis Aviation Flynas to test appetite for airline IPOs as Gulf rivals look on Low-cost carrier Flynas is preparing to go public on the Saudi Exchange this month in a deal that is being watched not only by investors but also by Gulf rivals considering their own listings, analysts have told AGBI. Among them is Abu Dhabi’s Etihad Airways, whose long-anticipated initial public offering could be shaped by Flynas’ […] May 14, 2025
Aviation Prince Alwaleed’s Flynas seeks $1.1bn in Saudi IPO Saudi budget airline Flynas is looking to raise as much as SAR4.1 billion ($1.1 billion) in an initial public offering (IPO) that started this week to finance expansion. The IPO price range was set at between SAR76 and SAR80 per share, implying a market capitalisation of as much as $3.65 billion. The airline, which is […] May 12, 2025
Analysis Aviation Kuwait’s aviation industry loses altitude as foreign airlines exit Kuwait’s ambitions for its aviation industry are faltering as a growing number of international carriers quit the market and airport upgrades are delayed. British Airways ceased its daily service from London in March, ending more than 60 years of operations. This follows withdrawals from Kuwait International Airport (KWI) by at least 14 other airlines since 2019, […] May 6, 2025
Aviation Narrow-body aircraft to push growth of Middle East fleets Gulf Arab airlines and other Middle East carriers will expand their fleets at almost double the rate of the global average over the next ten years, industry experts say. They will also increase the share of narrow-body planes over twin-aisle aircraft. Globally, fleet size is expected grow by 2.8 percent per year over the next […] March 23, 2025
Aviation Kuwait’s Jazeera Airways CEO buys shares in his own airline The CEO of Kuwait’s Jazeera Airways has bought 80,000 shares in his own company as the airline embarks on a five-year plan to boost performance. Barathan Pasupathi purchased the shares between March 9 and 13, according to company disclosures on the Kuwaiti Bourse, buying shares worth $250,000 in a series of transactions last week. Shares […] March 17, 2025
Analysis Aviation Etihad IPO likely to attract ‘significant’ investor interest Abu Dhabi-owned Etihad Airways is likely to attract “significant” investor interest if and when it sells shares in an initial public offering expected in March in the first Gulf Arab airline IPO in almost 20 years, analysts have said. Owned by Abu Dhabi sovereign wealth fund ADQ, the airline may raise as much as $1 […] February 28, 2025
Aviation Jazeera Airways to cut costs and double passengers by 2029 Kuwait’s Jazeera Airways plans to add more seats to its aircraft, expand its fleet and cut costs as part of a new five-year strategy to almost double the number of passengers in 2029. Adding seats this year will raise the average number per aircraft to 180 by the third quarter, the airline CEO Barathan Pasupathi […] February 6, 2025
Aviation Kuwait’s Jazeera Airways cuts losses as revenues rise Low-cost carrier Jazeera Airways, which trades on the Kuwaiti stock exchange, narrowed its fourth-quarter 2024 loss on rising revenue and operational efficiency. Net loss narrowed by 42 percent year on year to KD4.2 million ($13.6 million) in the final quarter, as operating revenue climbed 15 percent year on year to KD45.1 million. Passenger numbers grew 9 […] February 4, 2025
