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Home»BUSINESS»Jazeera Airways turns to loss after Kuwait airport closure
BUSINESS

Jazeera Airways turns to loss after Kuwait airport closure

NewsroomBy NewsroomMay 14, 20261 Min Read
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Kuwait-listed Jazeera Airways swung to a loss after revenue fell in the first quarter due to the closure of Kuwait International Airport.

Kuwait International shut for 57 days, the longest closure of any airport in the region, after an Iranian drone hit the radar system on March 15.

The airline reported a net loss of KD1.1 million ($4 million) between January and March, compared to a net profit of KD4.7 million in the same period last year.

Operating revenue declined 16 percent year on year to KD45 million, the budget carrier said…



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