
Jazeera Airways Co K.S.C.P
JAZEERA • Kuwait Boursa
Sector
Consumer Discretionary
Last Updated
9/3/2026
About JAZEERA
Jazeera Airways K.S.C.P. engages in providing air transportation and commercial passenger services in Kuwait, the Middle East, Central and South Asia, and Europe. It operates through the Passenger Airline Service and Terminal Operations segments. The company operates a fleet of Airbus A320 and A320neo aircraft. It also owns and operates a terminal at Kuwait International Airport. In addition, the company provides park and fly remote check-in services; and air cargo services, including general, perishable cargo services, express courier, unaccompanied bags, human remains, and dangerous goods. In addition, the company offers tourism, travel, and freight services, including land conveyance, holidays, car rentals, and other touristic activities, as well as management, marketing, and consultancy services in the aviation sector. It offers its services through its website and mobile app. The company was incorporated in 2004 and is based in Kuwait City, Kuwait.
Headquarters
Kuwait City, Kuwait
Industry
Consumer Discretionary
Exchange
Boursa Kuwait
Key Metrics
Stock & Valuation
Profitability
Returns
Financial Health
JAZEERA annual financials
Jazeera Airways Co K.S.C.P — revenue, net profit, assets, equity and earnings per share, 2020–2025. Source: audited annual reports filed to Boursa Kuwait.
| Year | Revenue | Net profit | Total assets | Equity | EPS |
|---|---|---|---|---|---|
| 2025 | KD 218.1m | KD 21.8m | KD 332.8m | KD 47.5m | 98.9 fils |
| 2024 | KD 208.6m | KD 10.2m | KD 336.5m | KD 35.4m | 46.3 fils |
| 2023 | KD 198.1m | KD 6.1m | KD 286.4m | KD 25.5m | 27.9 fils |
| 2022 | KD 182.1m | KD 20.1m | KD 272.1m | KD 36.5m | 91.3 fils |
| 2021 | KD 80.4m | KD 7.1m | KD 225.2m | KD 30.1m | 33.3 fils |
| 2020 | KD 41.4m | KD -26.4m | KD 162.6m | KD 12.0m | -132.0 fils |
Latest earnings call — Q2 2026
Jazeera Airways Co K.S.C.P analyst conference, 17 August 2026
Jazeera Airways navigated a severe operational disruption in H1 2026 caused by a 57-day closure of Kuwait International Airport (ended April 26), driving H1 net profit down 10.3% YoY to KWD 9.6M despite a sharp Q2 rebound (+99% YoY net profit to KWD 9.6M on revenue up 45% to KWD 70.7M). Q2 results were artificially boosted by supply scarcity and emergency busing/relocation via Saudi Arabia (Mission Barakah), allowing yields (+145% YoY) and RASK (+99.3% YoY) to surge. However, business momentum is decelerating rapidly into H2 2026 due to operational curfews (4:00 AM–10:00 PM), a ban on transit traffic, unhedged high jet fuel prices (~$130–$160/bbl), and a normalization of yields as foreign competitors restore capacity. Management explicitly cautioned that the company is "not out of the woods" and guided for a weak Q3 and subdued Q4.
Full brief: numbers that matter, guidance, analyst pushback, risks · ~550 words
Sign up free to readDividend History
Latest DPS
0.083 KD
Year 2026
Dividend Yield
4.83%
Annual
Avg DPS
0.047 KD
7 years
Growth
+137.1%
7 years
Recent Payments
0.083 KD
Paid 6/11/2026
0.083 KD
Paid 6/11/2026
0.040 KD
Paid 4/16/2025