Jazeera Airways Co. (KSC)
KKSE:JAZEERA1,388.00
KWF
-17.00
(-1.21%)
ISIN
KW0EQ0602452
Return %
Stock
S&P 500
1Y
-1.00
14.39
3Y
-3.94
81.42
5Y
39.22
68.62
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Barathan Pasupathi
- Sector
- Transportation
- Industry
- Airlines
- Address
- Kuwait City Kuwait
- IPO Date
- Jan 14, 2008
- Website
- jazeeraairways.com
- Similar Companies
- Business
- Jazeera Airways Co. (K.S.C.P.) is a Kuwait-based aviation company that provides scheduled low-cost passenger air transportation, air freight, and commercial aviation support services across the Middle East, Central and South Asia, Africa, and Europe. Founded in 2004 and headquartered in Farwaniya, Kuwait, the company operates as a privately owned scheduled carrier listed on Boursa Kuwait and manages its primary hub out of Kuwait International Airport. The company offers a comprehensive range of aviation products and services, including scheduled short- and medium-haul passenger flights across a network of over 60 international destinations; dedicated air freight and supply chain solutions through Jazeera Cargo, which transports general goods, perishables, and commercial shipments utilizing belly-hold and main-cabin capacity; customized private aviation and group charter flights through Jazeera Charter; end-to-end leisure travel packages, hotel bookings, and ground excursions through Jazeera Holidays; and terminal management and airport passenger operations at its dedicated Terminal 5 (T5) at Kuwait International Airport, providing automated self-service check-in kiosks, fast-track customs and security clearance, the Hayakom Lounge, and Park and Fly parking facilities. The company also delivers an extensive suite of passenger ancillary services, comprising inflight food and beverage catering through Jazeera Cafe; onboard duty-free retail; allocated and extra-legroom seat selection; excess baggage handling; priority boarding; and travel insurance. In recent corporate and operational developments, Jazeera Airways has advanced its fleet modernization and growth strategy toward a target of approximately 50 aircraft, supported by an order book for 26 Airbus A320neo and A321neo aircraft and the transition of six leased Airbus A320ceo aircraft into direct company ownership to enhance cost efficiency. To optimize fleet sustainability and operating performance, the company has implemented cabin retrofits featuring lightweight TiSeat 2X ergonomic seating configurations to reduce aircraft weight and fuel burn. Additionally, the carrier has expanded its route network with new scheduled services to international destinations including Addis Ababa, Aswan, Budapest, Prague, and Deir Ezzor, increased flight frequencies to key markets in the United Arab Emirates and India, and entered into a strategic distribution partnership with Trip.com Group to strengthen its global booking channels and passenger reach.