Jazeera Airways prepare to launch new routes to Indian Subcontinent; Announces KD1.5 million in net profit

Thursday, April 25, 2019

Jazeera Airways today its financial and operational results for 1Q 2019, reporting KD1.5 million in net profit, up from a net loss of KD 321.9 thousand in 1Q 2018, and a 31.2% growth in number of passengers.

The Company’s operating revenue increased by 48.4% to KD21.3 million, while aircraft utilization increased by 16.6% to 13.8 hours and yield increased by 6.8% to KD37.8.

Jazeera Airways Chairman, Marwan Boodai, said: “Jazeera Airways had a positive performance in the first quarter of 2019, supported by a growing and solid network that serves an expanding customer-base. We also continue to focus on our customer-centric approach as we invest in innovative services that not only add value to our customers’ experience, but also create new ancillary sources of revenue and support our strong balance sheet.”

The airline operated its third full quarter from its Jazeera Terminal (T5), which carried 529,640 passengers in 1Q 2019 and registered its first quarter of profitability. Terminal 5 has four gates, three connected to boarding bridges, a duty free, restaurants, convenience stores and the recently introduced self-check-in kiosks.

Jazeera Airways Chief Executive Officer, Rohit Ramachandran, commented on the results saying: “Our earnings are the result of a deep understanding of regional dynamics and a robust plan that enable us to satisfy the needs of our markets. We have significant expansion plans for our network in 2019 and we remain focused on implementing our cost optimization program.”

Boodai said: “2019 will be another milestone year for Jazeera Airways as we prepare to launch new routes in the Middle East, Indian Subcontinent and to the British capital, London. The airline will also take delivery of three new A320neo aircraft on order, while it continues to expand its product offer from the Jazeera Terminal.”

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Express your comment on this article

 
shahid
Tuesday, April 30, 2019
we requset to start direct flight to Kuwait -Mangalore-Kuwait

Satya
Sunday, April 28, 2019
Please start a direct flight to Kuwait-Vijayawada (VGA)-Kuwait at least twice or thrice in a week

Syed Amjad Hussain
Sunday, April 28, 2019
jazeera airline will get very good profit if starts the service kuwait -Tirupati-kuwait

Satheesh
Sunday, April 28, 2019
Kindly start Kuwait...Trivandrum flight on every day. This will be a good suggestion.

Lidwin
Sunday, April 28, 2019
Please start a direct flight to Kuwait -Mangalore /and mangalore kuwait suitable timing like early morning to reach -mangalore
Return back night from mangalore
It’s a great request
Thank you

Disgruntled
Sunday, April 28, 2019
Flight Delays is a big issue with this airline. I recommend don''t go through this airline if you want to reach your destination ontime.

Thats all.

raju
Sunday, April 28, 2019
Please start a direct or one stop flight to Kuwait-Vijayawada or RAJAMUNDRY (VGA)-Kuwait at least twice or thrice in a week

ARJUN RAYUDU
Sunday, April 28, 2019
Please start a direct or one stop flight to Kuwait-Vijayawada (VGA)-Kuwait at least twice or thrice in a week

burhan
Sunday, April 28, 2019
they just want to look at their profit in that whatever the customer have problem that doesn''t matter
flight delay and does not bring our baggage also
while i was on the way to Kuwait they lest 75 passengers luggage in Ahmadabad mean 150 baggage''s
while calling no one response
wow great efforts

Naveen
Sunday, April 28, 2019
Today I came from short vacation (Mangalore)
Indigo From Kuwait to Kannur and return. Very cheep by KD72.

mssreddy
Saturday, April 27, 2019
jazeera airline will get the better profit if starts the service kuwait -chennai-kuwait

Mahesh
Saturday, April 27, 2019
If Jazeera Airways can make more profits if starts the Flights

Kuwait - Goa - Manglore
Manglore - Goa - Kuwait

from Goa they can take Domestic passengers to Manglore and from Manglore they can take Domestic passengers to Goa.

Kool
Saturday, April 27, 2019
Please start
kuwait To Jaipur

NASSER
Saturday, April 27, 2019
Is there any opportunity to operate Kuwait - Chennai - Kuwait?

Fayaz Sheikh
Friday, April 26, 2019
please start Kwt-Mangalore-Kwt.

SAM
Friday, April 26, 2019
Congrats to Jazeera Airways & Chief Executive Officer, Rohit Ramachandran......

He is doing amazing work.... still prices should be reasonable for India route... its high we can''t say low-budget airline.

Konda
Thursday, April 25, 2019
Please start a direct or one stop flight to Kuwait-Vijayawada (VGA)-Kuwait at least twice or thrice in a week

saleem shajahan
Thursday, April 25, 2019
kuwait trivandrum

Dear CEO, Please manage timing of flight and food facilities
Thursday, April 25, 2019
Sir,
I traveled in December 2018 from Delhi to Jeddah Saudi Arabia. Flight was delayed for 20 hours. Kindly manage timing of flight and food facilities. Moreover, I received free hotels and awesome food. I would like to travel in July 2019 if consider for timing. Thank you so much.
Regards
Mohammed Kaleem khan working as Research Scholar at king Abdulaziz University Jeddah Saudi Arabia

Abdul Gafur Sharif
Thursday, April 25, 2019
More than 200,000 Bangladeshi expatriates are living in Kuwait. I request to the CEO please introduce your Jazeera airways operations in Chittagong and Dhaka. Please look at Air Arabia. How rush it''s daily flighs are in these two destinations. I raised the point to your counter in KOC Exhibition tent Ahmadi 2 weeks ago. Please consider.

Sreedharan Nanat
Thursday, April 25, 2019
Requesting CEO, please operate direct flight to Kannur & Mangalore also.
Thank you

ASH
Thursday, April 25, 2019
Delayed flights is a big put off, that''s probably the only reason i will think twice before booking on Jazeera Airways. And this i say from my recent experience flying with them.
Another point being i thought they were a Budget Carrier/Low cost carrier, but looking at the fare they are at par with most other airlines operating.

Preema Dsouza
Thursday, April 25, 2019
Please start a direct flight to Kuwait-Mangalore-Kuwait atleast twice or thrice in a week

Angela
Thursday, April 25, 2019
Request for Direct Flight Kuwait-Goa.

Dr Bhagaban Dash
Thursday, April 25, 2019
Start flight kuwait Bhubaneswar Kuwait

xyz
Wednesday, April 24, 2019
Yes indeed you can make more profit if you keep delaying flights & then finally merge into one flight.

Jazeera airline care abt profit and then dont care abt customer satisfaction

Mohandas Kamath
Wednesday, April 24, 2019
Request CFO, Please start flight to Kuwait~Mangalore~Kuwait.
Thank you

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