Company Insights Kuwait Airways Aviation Kuwait Airways News Aviation Kuwait’s Jazeera Airways’ profits slump 36.1% Kuwaiti low-cost carrier Jazeera Airways has reported a 36.1 percent drop in profits for the first nine months of the year with a warning that over-capacity issues could further impact margins. The airline, which sits second in the country behind Kuwait Airways, saw revenues increase 12.8 percent year-on-year over the period and passenger numbers were […] November 8, 2023 Opinion Aviation Gulf Air is battling for Bahrain’s skies Can another strategic turn really be successful? October 24, 2023 Transport Kuwait airport passenger numbers flying higher Passenger traffic through Kuwait International Airport is forecast to grow by 7 percent this year, fuelled by increased activity across the summer months. Total passenger numbers to and from the airport is expected to reach 15.5 million, according to the Gulf state’s Directorate General of Aviation, up from 14.46 million passengers reported in 2022. Abdullah […] August 28, 2023 Transport Kuwait Airways cuts losses by 50% as revenue soars Kuwait Airways has trimmed its losses in half from KD107 million ($347 million) in 2021 to KD55 million ($178.4 million) in 2022. “Kuwait Airways has achieved positive results, which were better than expected in 2022,” state-run Kuna news agency reported, citing chairman Ali Aldukhan. Total passenger revenues reached KD289.1 million, up 11 percent year-on-year. Passenger […] August 21, 2023 Video length: 03:07 Analysis Aviation How the battle for the Gulf’s skies has intensified Across and around the Arabian Gulf regional airlines find themselves returning to a very different and increasingly volatile market after the pandemic. Pre-Covid, aviation in the Gulf and many neighbouring nations was largely defined and dominated by Emirates, Qatar Airways and Etihad. Now, as the Big Three pursue resurgence, they are being increasingly challenged, not […] May 8, 2023 Video length: 02:33 Aviation Qatar Airways CEO plays down threat of competition The CEO of Qatar Airways has said he is “very excited” by the growth of Saudi Arabia’s aviation industry, despite the prospect of tougher competition as regional airline capacity increases. “We will co-operate with them, we will support them, because we feel that relationships matter and there is a lot of business to go around […] May 2, 2023 Opinion Aviation The aviation sector is due for a cull The regional airline market is saturated. It's time for consolidation and a strategic rethink April 25, 2023 Aviation Kuwait Airways eyes break even by 2024-end despite losses Kuwait Airways’ revenue last year rose by 115 percent from 2021 and was up 10 percent from pre-pandemic 2019, Reuters reported, citing chairman Ali Aldokhan. The state carrier posted a net loss of KD55 million ($180.3 million) for 2022 and still expects to break even by the end of 2024, Aldokhan told a news conference […] January 27, 2023 Analysis Aviation Private jet demand to Doha soars despite World Cup price hikes Private jet operators have reported a massive surge in demand for flights to Doha during the World Cup, despite the rise in operating costs caused by the high number of aircraft flying in and out of the Qatari capital. “So far, the World Cup has been an incredibly exciting — albeit intensely busy time — […] December 14, 2022 Tourism Kuwait issues runway tender as part of airport expansion drive Kuwait’s civil aviation authority has issued a tender for building works at the country’s main airport as part of a multibillion-dollar refurbishment and expansion programme. Kuwait International Airport will add a new passenger terminal and a third runway, which the government hopes will bolster the domestic aviation industry and help attract more transit passengers flying […] September 23, 2022 Posts navigation Previous 1 2 3 Next
Aviation Kuwait’s Jazeera Airways’ profits slump 36.1% Kuwaiti low-cost carrier Jazeera Airways has reported a 36.1 percent drop in profits for the first nine months of the year with a warning that over-capacity issues could further impact margins. The airline, which sits second in the country behind Kuwait Airways, saw revenues increase 12.8 percent year-on-year over the period and passenger numbers were […] November 8, 2023
Opinion Aviation Gulf Air is battling for Bahrain’s skies Can another strategic turn really be successful? October 24, 2023
Transport Kuwait airport passenger numbers flying higher Passenger traffic through Kuwait International Airport is forecast to grow by 7 percent this year, fuelled by increased activity across the summer months. Total passenger numbers to and from the airport is expected to reach 15.5 million, according to the Gulf state’s Directorate General of Aviation, up from 14.46 million passengers reported in 2022. Abdullah […] August 28, 2023
Transport Kuwait Airways cuts losses by 50% as revenue soars Kuwait Airways has trimmed its losses in half from KD107 million ($347 million) in 2021 to KD55 million ($178.4 million) in 2022. “Kuwait Airways has achieved positive results, which were better than expected in 2022,” state-run Kuna news agency reported, citing chairman Ali Aldukhan. Total passenger revenues reached KD289.1 million, up 11 percent year-on-year. Passenger […] August 21, 2023
Video length: 03:07 Analysis Aviation How the battle for the Gulf’s skies has intensified Across and around the Arabian Gulf regional airlines find themselves returning to a very different and increasingly volatile market after the pandemic. Pre-Covid, aviation in the Gulf and many neighbouring nations was largely defined and dominated by Emirates, Qatar Airways and Etihad. Now, as the Big Three pursue resurgence, they are being increasingly challenged, not […] May 8, 2023
Video length: 02:33 Aviation Qatar Airways CEO plays down threat of competition The CEO of Qatar Airways has said he is “very excited” by the growth of Saudi Arabia’s aviation industry, despite the prospect of tougher competition as regional airline capacity increases. “We will co-operate with them, we will support them, because we feel that relationships matter and there is a lot of business to go around […] May 2, 2023
Opinion Aviation The aviation sector is due for a cull The regional airline market is saturated. It's time for consolidation and a strategic rethink April 25, 2023
Aviation Kuwait Airways eyes break even by 2024-end despite losses Kuwait Airways’ revenue last year rose by 115 percent from 2021 and was up 10 percent from pre-pandemic 2019, Reuters reported, citing chairman Ali Aldokhan. The state carrier posted a net loss of KD55 million ($180.3 million) for 2022 and still expects to break even by the end of 2024, Aldokhan told a news conference […] January 27, 2023
Analysis Aviation Private jet demand to Doha soars despite World Cup price hikes Private jet operators have reported a massive surge in demand for flights to Doha during the World Cup, despite the rise in operating costs caused by the high number of aircraft flying in and out of the Qatari capital. “So far, the World Cup has been an incredibly exciting — albeit intensely busy time — […] December 14, 2022
Tourism Kuwait issues runway tender as part of airport expansion drive Kuwait’s civil aviation authority has issued a tender for building works at the country’s main airport as part of a multibillion-dollar refurbishment and expansion programme. Kuwait International Airport will add a new passenger terminal and a third runway, which the government hopes will bolster the domestic aviation industry and help attract more transit passengers flying […] September 23, 2022
