Kuwait’s Jazeera Airways swings to profit in first half on soaring travel demand – The National

  • Date: 10-Aug-2022
  • Source: The National
  • Sector:Tourism
  • Country:Kuwait
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Kuwait’s Jazeera Airways swings to profit in first half on soaring travel demand – The National

Kuwait's Jazeera Airways swung to a profit in the first half of the year, as it carried more passengers and emerged from coronavirus-induced travel disruptions.

Net profit for the January-June period rose to 7.8 million Kuwaiti dinars ($25.4m) compared with a loss of 11.7m dinars in the prior year period, the airline said in a statement on Tuesday.

The airline's revenue in the first half of 2022 rose almost five times on a yearly basis to 77.6m dinars.