Jazeera Airways reports record annual profit; in talk for engine order

Jazeera Air has reported a record annual profit of $66 million in 2022, up 184% from last year on the backdrop of strong travel demand and cost-control measures. The airline reported an increase of 77% in the load factor compared to 2021. Operating revenues for 2022 increased to KD182.116 million, up 126.5%, and operating profit increased by 148.4% to KD26.8 million. With the resumption of operations at the Kuwait International Airport (KIA), the airline built on its return to profitability in the second half of 2021. Although overall passenger traffic at the airport dropped by 26% compared to 2019, Jazeera’s