Kuwait’s Jazeera Airways swings to annual profit despite ‘turbulent’ operating conditions – The National

Kuwait’s Jazeera Airways swings to annual profit despite ‘turbulent’ operating conditions – The National

Kuwait's Jazeera Airways swung to an annual profit in 2021 as it carried more passengers and revenue increased, despite "turbulent" operating conditions in 2020.

Net income for the year reached seven million Kuwaiti dinars ($23.1m), from a loss of 26.4m dinars in 2020, the airline said in on Sunday. Operating revenue nearly doubled year-on-year to 80.3m dinars as it flew more passengers and filled more seats.

“The challenges that the pandemic brought about in the travel industry in 2020 also opened new opportunities for our airline: cargo operations, charter flights and connecting routes were expanded to benefit our business," said Rohit Ramachandran, Jazeera Airways' chief executive.