Following a record year in 2022, Jazeera Airways has reported 2023’s full year profit decreasing by 69.5% compared to 2022, standing at $19.92 million; down from $65 million in 2022. Operating profit was also down 56.2% to $38.22 million in 2023, following 2022’s $87 million. However, operating revenue was up 8.8% in 2023 to $643.76 million. “For 2023, we emerged profitable despite lower yields, influenced by overcapacity amid a challenging regulatory, geopolitical, and regional landscape,” said Jazeera Airways chairman Marwan Boodai. “Higher load factors and greater market share put Jazeera Airways in a strong position while we continued to maintain

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In