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Marwan Boodai

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Marwan Marzouk Boodai
NationalityKuwaiti
OccupationBusinessman, airline executive
CompanyJazeera Airways, BoodaiCorp
TitleChairman of Jazeera Airways; Vice Chairman of BoodaiCorp

Marwan Marzouk Boodai is a Kuwaiti businessman who founded Jazeera Airways, the first privately owned airline in the Middle East, and who has served as its chairman since at least the airline's first flights in 2005. He was both chairman and chief executive officer until 2009, and is also vice chairman of BoodaiCorp, the Kuwaiti family conglomerate whose interests include aviation, public transport, media, cement and trading.[1][2]

Boodai led the group of core founders that took a 30 percent stake in Jazeera Airways when it was set up in 2004, after the Kuwaiti government opened the country's aviation sector to private competition. The remaining 70 percent was offered to the public in an initial public offering that he said was 12 times oversubscribed.[3] The airline flew its first commercial service, from Kuwait to Dubai, at the end of October 2005.[4]

As chairman, Boodai has steered the carrier through a loss-making period in 2009 and 2010, the creation and later sale of an aircraft leasing arm, the opening of a dedicated passenger terminal at Kuwait International Airport in 2018, the COVID-19 pandemic and a 57-day closure of the Kuwaiti airport in 2026. The airline reported its highest annual profit to date, KD 21.8 million (about US$80 million), for 2025.[5][6]

Boodai has argued publicly for the privatisation of Kuwait Airways and of airports across the Gulf, and for a single aviation market among the Gulf Cooperation Council states modelled on the European Union's.[7] As of August 2026 he remained chairman of Jazeera Airways.[8]

Early life and education

Few details of Boodai's early life have been published. His date of birth has not been confirmed by a primary source; when Arabian Business interviewed him in November 2005, his public relations staff described him only as "40-something".[3] Published profiles do not name the schools or universities he attended.

He comes from the family behind BoodaiCorp (also known as the Boodai Group or Boodai Corporation), which was founded in Kuwait in the mid-1950s as a trading company that supplied equipment to the country's growing oil industry.[9] Jassim Boodai, one of the founders of BoodaiCorp, chairs the group's board.[2]

Career

BoodaiCorp

According to Forbes Middle East, Boodai has worked at the Boodai Corporation since 1995.[10] BoodaiCorp credits him with leading the group's transformation, which began in the 1990s, from a medium-sized company into one of Kuwait's largest conglomerates. The company says his approach relied on entering service sectors that had long been state monopolies, chiefly aviation, public transport and broadcast media, and it lists Jazeera Airways, the bus operator City Group and the television channel Al-Rai TV among the businesses launched under that strategy.[2]

In 2005 Arabian Business described Boodai as the head of the Boodai Group, with interests in media, transport and aviation.[3] Oxford Business Group's 2013 report on Kuwait identified him as chief executive of the Boodai Group as well as chairman of Jazeera Airways,[7] and Gulf Business, which ranked him 64th on its 2014 list of the most powerful Arabs, also listed him as chief executive and chairman across the Boodai Group and the airline.[11] By 2026 he held the title of vice chairman of BoodaiCorp's board. Day-to-day management of the group had passed to a chief executive, Mishaal Al-Usaimi, a former acting chairman of Kuwait's Capital Markets Authority, who joined in 2019.[2]

Forbes Middle East lists the group's brands as including Al Rai TV, the Al Rai newspaper, Hilal Cement, CityBus, GTC Logistics and Boodai Trading.[10]

Founding Jazeera Airways, 2003 to 2005

In late 2003 the Kuwaiti government announced that it would open the aviation sector to private operators and offered three licences, two for passenger airlines and one for a freight carrier.[12] Until then the state-owned Kuwait Airways Corporation had been the only Kuwaiti passenger airline, and it had made a loss in almost every year of the previous decade.[4] Boodai and his fellow founders presented the authorities with a feasibility study for a low-cost carrier and won Cabinet approval.[12] In a 2006 interview he described the venture as "a challenge, especially because it was independent from the government", and said it "specifically targeted the low-cost market, which I think was previously neglected by the industry."[13]

The company was incorporated as a Kuwaiti shareholding company with US$34 million of capital.[4] According to a case study that Boodai introduced and signed as "Chairman and CEO" in 2007, the first private equity investors provided US$10 million for a 30 percent stake, and the remaining 70 percent was sold in an initial public offering in June 2004, as Kuwaiti law required. The National Bank of Kuwait managed the offering, which closed on June 12, 2004, and drew about 36,500 shareholders, which the company described as one in every 25 Kuwaitis. The airline received its air operator's certificate in November 2004.[12] In his introduction to the case study Boodai wrote that the 15 months between the offering and the first flight had brought "one existential threat after another", from persuading investors and banks that a private airline could succeed in the region to persuading governments that a low-cost carrier would help their travel industries.[12]

The airline had first planned to start flying in February 2005 with two leased aircraft, but postponed the launch until its own Airbus A320s arrived.[4] The first aircraft was delivered on October 24, 2005, and the inaugural commercial flight, to Dubai, followed six days later.[12] Boodai hosted the arrival of the maiden flight at Dubai airport. He told Arabian Business that the business model rested on short turnarounds, low service and ground-handling costs and high aircraft utilisation, so that fares could be about 40 percent below those of established regional airlines.[3]

Boodai rejected the idea that the airline was simply copying European budget carriers. "There isn't any one low-cost model worldwide, don't you believe that," he said. "Every country needs to have its own model. You're taking a global concept and localising it." He pointed to features that set his airline apart from Ryanair and easyJet, including advance seat selection, flights to main airports rather than secondary ones, and ticket sales by text message. He also allowed 45 minutes for turnarounds at less developed airports rather than the 20 to 30 minutes common in Europe.[3] By the time of that interview he had committed about US$400 million to eight Airbus aircraft.[3]

Chairman and chief executive, 2005 to 2009

In its first year the airline grew from five destinations to more than 13, including points in Iraq and India. Boodai said the early priority had been "making life easier for passengers by simplifying the travel process".[13] During the 2006 war in Lebanon the airline diverted flights to Damascus and Aleppo and, by Boodai's account, carried about 8,000 people out of the country. He described the operation as a test of the company's risk planning: "We accounted for everything, including this crisis, even though it was sudden and shocking."[13] Asked in 2006 about long-haul low-cost flying, he said there was "a potential to expand further to long haul in the future" but that the option had yet to be fully explored.[13]

Under Boodai the airline doubled its capital to KD 20 million through a rights issue in 2006, opened a second hub in Dubai in February 2007, and listed its shares on the Kuwait Stock Exchange in January 2008.[14] In October 2008, while still chairman and chief executive, he announced Sahaab Leasing, an aircraft leasing company with US$375 million of committed capital, owned jointly by the airline's shareholders, the German lender DVB Bank and the National Bank of Kuwait. Boodai said Sahaab was negotiating with both Airbus and Boeing and would "place a single order before the end of the year". He predicted that the share of the world fleet under lease would rise from 30 percent to 50 percent, and said he expected Sahaab to become one of the five largest lessors in the world by 2020.[15] HC Brokerage described Sahaab as having been established by Boodai Corporation, "the promoters of Jazeera Airways", in partnership with DVB Bank and NBK Capital. The airline then agreed to sell and lease back its eight owned aircraft and 32 aircraft still to be delivered, and by May 2009 had sold six of the eight to Sahaab for KD 64 million.[14]

In February 2009 the airline named Andrew Cowen, formerly of the Saudi low-cost carrier Sama, as chief executive. MEED reported that Boodai, who had held the combined post of chairman and chief executive, would take the chairman's role alone.[16] Bloomberg Businessweek's executive profile gave June 21, 2009 as the end of his time as chief executive.[1]

Chairman, 2009 to present

Losses and the turnaround plan, 2009 to 2010

The year 2009 brought the airline's first full-year loss. In May 2009 it cancelled six direct routes from Dubai, which HC Brokerage attributed to restrictive regulation.[14] In his letter to shareholders in the 2010 annual report, Boodai listed the year's problems: the H1N1 influenza scare, the "forced closure of our Dubai hub operations due to changes in UAE regulations", and a surge of competing capacity on the airline's routes. By the end of 2009, he wrote, 44 percent of the seats that competitors flew on those routes were empty. The airline lost KD 8.2 million in 2009.[17]

Boodai's response came in two steps. In February 2010 the airline bought Sahaab Aircraft Leasing outright so that it could redeploy surplus aircraft to other markets, and Sahaab soon placed four aircraft with Virgin America and one with SriLankan Airlines. When overcapacity worsened in the first quarter, the board adopted what Boodai called the Turn-Around Plan in May 2010. It combined asset redeployment, staff reductions, cost controls, network changes and new commercial products.[17] The airline made a net profit of KD 4.4 million in the third quarter of 2010, its best quarter to that point, and KD 2 million in the fourth. The full-year loss narrowed to KD 2.8 million. Boodai told shareholders that the company now had "the right capacity, the right network, the right cost structure and the flexibility to weather both business and political turbulence". The 2010 report carried a separate letter from the chief executive, Stefan Pichler.[17]

Group growth and the exit from leasing, 2011 to 2015

In his letter on the 2013 results, Boodai reported the group's third consecutive year of double-digit profit growth: net profit of KD 16.7 million, up 19.6 percent, on operating revenue of KD 65.6 million. He used the rest of the letter to argue that investors had wrongly "written off" Kuwait and the region, noting that average yields had risen from KD 25 a passenger in 2009 to KD 52.27 in 2013. "Regional travel is where the value is," he wrote. "Indeed, regional travel is where we make money."[18] The same letter announced that the airline was building its own gates and passenger bridges at Kuwait International Airport and would choose a manufacturer for a fleet renewal programme. It also recorded the airline's admission to the Kuwait Stock Exchange's KSX15 index of leading shares.[18]

In June 2014 Boodai told The National, at the annual meeting of the International Air Transport Association, that he expected double-digit growth in Egypt that year, citing rising population, government spending and disposable income in Kuwait. "Kuwait holds the second biggest population of immigrant Egyptians after Saudi Arabia, so you can imagine the demand," he said.[19]

In January 2015 Boodai announced at a media briefing in Kuwait that the group would wind up Sahaab and sell its 15 Airbus A320s to a consortium of Chow Tai Fook Enterprises and Investec Bank for KD 149 million (about US$507 million).[20] He said the decision to divest "the leasing business, though profitable" and continue as an airline flying leased aircraft "was a strategic decision to enhance the airline's business model and focus on future growth opportunities, boost shareholder value and enhance return on equity", and that it had the unanimous support of the board, the management of both companies and the group's advisers.[20] The sale was expected to produce a one-off net loss of KD 3.2 million for 2014, add KD 24 million of cash and leave the group debt-free.[21]

Terminal 5, fleet renewal and the pandemic, 2016 to 2023

On May 22, 2018 the airline began moving its flights to its own terminal at Kuwait International Airport, Terminal 5. Speaking at the inauguration, Boodai said the building had a capacity of more than 2.5 million passengers a year and was designed to offer "a quick and simple 90min journey from parking to boarding", adding that "our fast-paced travellers no longer have to worry about traffic at the airport."[22]

The airline's chief executive through this period was Rohit Ramachandran.[23] In Boodai's statement on the 2021 results, which marked a return to a net profit of KD 7.1 million after the pandemic-hit 2020, he said the year was "proof that its flexible and resilient business model continues to safeguard customers, employees and shareholders in times of crises", and credited cost control, limits on cash burn and a focus on destinations then regarded as "Covid-safe".[24] In February 2022 the airline firmed an order with Airbus for 28 aircraft, 20 A320neos and eight A321neos, confirming a memorandum signed in November 2021.[25] The company valued the agreement at US$3.4 billion (KD 1.3 billion). At the delivery of the first two aircraft from that order in October 2022, Boodai said it would "effectively double the fleet size to 35 aircraft by the year 2026".[26] By August 2026 the airline was operating 22 aircraft, with 26 from the order book expected from the end of 2026 onward.[8]

For 2022 the airline reported a record net profit of KD 20.1 million, up 183.6 percent, and carried 3.6 million passengers. Boodai said high fuel prices had added about KD 9 million to costs and that the result "testifies to the aggressive cost focus across the organization".[27]

Leadership change and 2024 to 2025

On March 4, 2024 the airline announced that Ramachandran would step down after more than seven years and that Barathan Pasupathi, a former chief financial officer of the airline and former chief executive of Jetstar Asia, would succeed him from March 26, 2024. Boodai said that during Ramachandran's tenure the airline had tripled its fleet, expanded to 65 destinations and "initiated a purpose built, profitable Jazeera Terminal 5", and said Pasupathi's appointment "provides continuity to the business".[23][28]

For 2024 the airline reported net profit of KD 10.2 million, up 66.2 percent, on operating revenue of KD 208.6 million. Boodai said the result showed its strategic flexibility and that the company would concentrate on digital transformation in 2025.[29] In May 2025 he attributed a record first-quarter profit of KD 4.7 million to "our five-year growth plan and focused investments in digital transformation as well as the expansion of our ancillary revenue streams".[30] That month he also announced that the airline was ready to resume flights to Damascus "after a 12-year hiatus", citing the Syrian community in Kuwait, about 200,000 people.[31] The service resumed in the second quarter of 2025.[32]

The airline's 2025 results, published in February 2026 in its 20th year of flying, showed record net profit of KD 21.8 million, up 113.7 percent, on operating revenue of KD 218.1 million, with more than five million passengers carried. Boodai said the result reflected "the strength of Jazeera Airways' business model, the discipline of our execution, and the commitment of our people".[5]

Airport closure, 2026

Kuwait International Airport closed to the airline's flights from February 28, 2026 amid a regional geopolitical crisis. The airline kept operating through five regional hubs, at Qaisumah, Dammam, Jeddah and Medina in Saudi Arabia and at Cairo, using charters and wet leases.[33] In April 2026 the board, which Boodai chairs, withdrew its recommendation to pay a dividend for 2025 and deferred the decision until the first-quarter results. Boodai called this "a prudent and precautionary measure" and said it was "not a reflection of our financial health, which remains robust."[33]

Under the programme the airline called Mission Barakah, it ran an overland and air corridor through Saudi Arabia. The company said this restored service to 27 destinations by March 11 and carried more than 200,000 passengers on over 1,500 flights. The Kuwaiti airport was closed for 57 days in all. The airline reported a first-quarter net loss of KD 1.1 million, and the board recommended an interim dividend of 83 fils a share. Boodai said the company had "responded rapidly to this unprecedented situation in our homeland" and described the airline as Kuwait's "national carrier".[6] Full operations resumed from Terminal 5 on May 3, 2026. In August 2026 Boodai called the first half of the year "one of the most significant challenges in Jazeera Airways' history". Net profit for the half fell 10.3 percent to KD 8.6 million while revenue rose 13.4 percent.[8]

Leadership and management style

Boodai's public statements return repeatedly to a few themes. The first is that private companies can take on sectors held by the state. BoodaiCorp's own description of him centres on entering "historically monopolized sectors" in aviation, transport and media,[2] and in 2013 he told Oxford Business Group that "the government should only play a regulatory role, and that the entire airport should be privatised".[7]

The second is cost discipline in a low-cost model adapted to local conditions. In 2005 he insisted that every country needed "its own model",[3] and his shareholder letters and results statements from 2010 to 2025 credit cost control for returns to profit: the 2010 Turn-Around Plan,[17] the 2021 recovery,[24] the 2022 record despite fuel costs,[27] and the 2025 drive for "the lowest unit cost, particularly in aircraft and operational areas".[30]

The third is a focus on Kuwait and on short regional flights rather than global expansion. In his 2013 letter he argued that rival airlines had forgotten "that regional travel is where the value is",[18] and in 2014 he told The National that the airline concentrated on flights of about two and a half hours from Kuwait.[19] He has also linked the airline's role during crises to its claim to be a national carrier. He cited the 2006 Lebanon evacuation,[13] airlifts from Aleppo, Damascus and Beirut mentioned in the 2013 annual report,[18] and Mission Barakah in 2026.[6]

Since giving up the chief executive post in 2009, Boodai has worked as non-executive chairman alongside a series of chief executives, including Andrew Cowen, Stefan Pichler, Rohit Ramachandran and Barathan Pasupathi.[16][17][23] He remains the airline's main public voice on its results.[8]

Major deals and strategic decisions

  • 2004: Founding and IPO. Boodai's founding group took 30 percent of the company for US$10 million, and the remaining 70 percent was floated publicly; the offering closed on June 12, 2004.[12]
  • 2005: Launch fleet. The airline opened with new Airbus A320s from a 10-aircraft order rather than leased aircraft.[12] Boodai had committed about US$400 million to eight aircraft by November 2005.[3]
  • 2007 to 2008: Dubai hub and stock listing. A second hub opened in Dubai in February 2007, and the shares were listed on the Kuwait Stock Exchange in January 2008.[14]
  • 2008 to 2009: Sahaab and sale-and-leaseback. Sahaab Leasing was set up with US$375 million of committed capital.[15] Jazeera sold six aircraft to it for KD 64 million under a sale-and-leaseback arrangement.[14] The same 2009 analyst report noted a five-year agreement under which Boodai Aviation Group would act as Jazeera's ticketing agent in Kuwait from May 2009, and listed Boodai Corporation as holding 9.1 percent of the airline's shares.[14]
  • 2010: Acquisition of Sahaab and the Turn-Around Plan. Jazeera bought Sahaab in February 2010, and the turnaround plan began in May 2010.[17]
  • 2015: Exit from leasing. Sahaab's 15 A320s were sold for KD 149 million (about US$507 million).[20]
  • 2018: Terminal 5. The airline opened its own terminal at Kuwait International Airport.[22]
  • 2021 to 2022: Airbus order. Jazeera ordered 28 A320neo family aircraft, valued by the company at US$3.4 billion.[25][26]
  • 2026: Dividend deferral and alternative hubs. The airline operated from five temporary hubs and deferred its 2025 dividend decision during the closure of Kuwait's airport.[33]

Financial and market performance

The table summarises results reported by Jazeera Airways for selected years of Boodai's chairmanship. Figures are in Kuwaiti dinars as published.

Year Net profit (loss) Operating revenue Passengers Source
2009 (KD 8.2 million) KD 46.1 million n/a [17]
2010 (KD 2.8 million) KD 42.6 million 1.3 million [17]
2013 KD 16.7 million KD 65.6 million n/a [18]
2021 KD 7.1 million KD 80.4 million 1.0 million [24]
2022 KD 20.1 million KD 182.1 million 3.6 million [27]
2024 KD 10.2 million KD 208.6 million 4.9 million [29]
2025 KD 21.8 million KD 218.1 million more than 5 million [5]

In 2010 the airline carried 15 percent of passengers at Kuwait International Airport.[17] By the first quarter of 2025 that share had reached 32.3 percent, making it the largest carrier at the airport for that quarter,[30] and the airline reported a 35.9 percent share for the first half of 2026.[8] In 2025 it recorded 37,351 aircraft movements and was the most active carrier at the airport for the fourth year running.[5] Forbes Middle East reported that the company held assets of US$677 million as of September 2021.[10]

Board memberships and outside roles

  • Chairman of the board, Jazeera Airways (chairman by 2005; also chief executive until 2009)[1][8]
  • Vice chairman of the board, BoodaiCorp[2]
  • Chairman of Jazeera Airways Group during the period when it owned Sahaab Aircraft Leasing (2010 to 2015)[18][20]

Personal life

Boodai lives in Kuwait.[11] Little else about his personal or family life has been published in sources that could be verified.

Recognition

  • 2014: ranked 64th on Gulf Business's list of the Top 100 Powerful Arabs[11]
  • 2022: ranked 40th on Forbes Middle East's list of the Middle East's Top 50 Travel and Tourism Leaders[10]

See also

References

  1. ↑ 1.0 1.1 1.2 "Marwan Boodai: Executive Profile and Biography". Bloomberg Businessweek. October 8, 2012. Retrieved November 12, 2026.
  2. ↑ 2.0 2.1 2.2 2.3 2.4 2.5 "The Team". BoodaiCorp. Retrieved November 12, 2026.
  3. ↑ 3.0 3.1 3.2 3.3 3.4 3.5 3.6 3.7 "Low-cost Jazeera flies into town". November 6, 2005. Retrieved November 12, 2026.
  4. ↑ 4.0 4.1 4.2 4.3 "Kuwait airline to make maiden flight". Al Jazeera. October 29, 2005. Retrieved November 12, 2026.
  5. ↑ 5.0 5.1 5.2 5.3 "Jazeera Airways posts record $80mln profit in 2025". February 10, 2026. Retrieved November 12, 2026.
  6. ↑ 6.0 6.1 6.2 "Jazeera Airways Reports Q1 2026 Financial Results". Al Bawaba. May 14, 2026. Retrieved November 12, 2026.
  7. ↑ 7.0 7.1 7.2 "OBG talks to Marwan Boodai, CEO, Boodai Group, and Chairman, Jazeera Airways". The Report: Kuwait 2013. Oxford Business Group. Retrieved November 12, 2026.
  8. ↑ 8.0 8.1 8.2 8.3 8.4 8.5 "Jazeera Airways Reports 10.3% Decline in H1 2026 Profits Amid Geopolitical and Operational Challenges, Revenue Grows 13.4%". Jazeera Airways. August 10, 2026. Retrieved November 12, 2026.
  9. ↑ "BoodaiCorp: Creating Kuwait's Best Brands". BoodaiCorp. Retrieved November 12, 2026.
  10. ↑ 10.0 10.1 10.2 10.3 "Marwan Marzouk Boodai: The Middle East's Top 50 Travel and Tourism Leaders". Forbes Middle East. March 4, 2022. Retrieved November 12, 2026.
  11. ↑ 11.0 11.1 11.2 "Marwan Marzouk Boodai: Top 100 Powerful Arabs 2014". Gulf Business. Retrieved November 12, 2026.
  12. ↑ 12.0 12.1 12.2 12.3 12.4 12.5 12.6 "From IPO to T/O: a case study". Jazeera Airways. Retrieved November 12, 2026.
  13. ↑ 13.0 13.1 13.2 13.3 13.4 "Jazeera's era". December 4, 2006. Retrieved November 12, 2026.
  14. ↑ 14.0 14.1 14.2 14.3 14.4 14.5 "Jazeera Airways: Cash Engine". HC Brokerage. May 27, 2009. Retrieved November 12, 2026.
  15. ↑ 15.0 15.1 "Jazeera Airways launches aircraft leasing firm". October 13, 2008. Retrieved November 12, 2026.
  16. ↑ 16.0 16.1 "Jazeera Airways unveils former Sama boss as chief executive". February 10, 2009. Retrieved November 12, 2026.
  17. ↑ 17.0 17.1 17.2 17.3 17.4 17.5 17.6 17.7 17.8 "Jazeera Airways Annual Report 2010". Jazeera Airways. Retrieved November 12, 2026.
  18. ↑ 18.0 18.1 18.2 18.3 18.4 18.5 "The Opportunity at Home: Jazeera Airways Group 2013 Annual Report". Jazeera Airways Group. Retrieved November 12, 2026.
  19. ↑ 19.0 19.1 "Jazeera Airways expects double-digit growth in Egypt". June 3, 2014. Retrieved November 12, 2026.
  20. ↑ 20.0 20.1 20.2 20.3 "Kuwait's Jazeera Airways Group to exit leasing market". January 16, 2015. Retrieved November 12, 2026.
  21. ↑ "Jazeera Airways to Sell 15 Airbus A320s Aircraft". January 19, 2015. Retrieved November 12, 2026.
  22. ↑ 22.0 22.1 "Jazeera Airways opens new terminal at Kuwait International Airport". May 23, 2018. Retrieved November 12, 2026.
  23. ↑ 23.0 23.1 23.2 "Jazeera Airways announces new CEO". March 4, 2024. Retrieved November 12, 2026.
  24. ↑ 24.0 24.1 24.2 "Jazeera Airways returns to profitability in record time in 2021 with KD7.1 million". Jazeera Airways. February 13, 2022. Retrieved November 12, 2026.
  25. ↑ 25.0 25.1 "Kuwait's Jazeera Airways confirms order for 28 new A320neo family aircraft". Airbus. Airbus. February 14, 2022. Retrieved November 12, 2026.
  26. ↑ 26.0 26.1 "Jazeera Airways celebrates delivery of 10th and 11th Airbus A320neos". Jazeera Airways. October 10, 2022. Retrieved November 12, 2026.
  27. ↑ 27.0 27.1 27.2 "Jazeera Airways announces record annual profits of KD20.1 million for 2022". Jazeera Airways. February 7, 2023. Retrieved November 12, 2026.
  28. ↑ "Jazeera Airways appoints new CEO". March 5, 2024. Retrieved November 12, 2026.
  29. ↑ 29.0 29.1 "طيران الجزيرة تحقق 10.2 مليون د.ك. أرباحاً في 2024". Jazeera Airways. February 3, 2025. Retrieved November 12, 2026.
  30. ↑ 30.0 30.1 30.2 "Jazeera Airways Delivers Robust Q1 2025 Results with KD 4.7 million Net Profit". Jazeera Airways. May 7, 2025. Retrieved November 12, 2026.
  31. ↑ "Jazeera Airways Gears Up to Resume Direct Flights to Damascus". Jazeera Airways. May 27, 2025. Retrieved November 12, 2026.
  32. ↑ "Jazeera Airways Reports Strong First Half 2025 Results". Jazeera Airways. August 11, 2025. Retrieved November 12, 2026.
  33. ↑ 33.0 33.1 33.2 "Jazeera Airways Maintains Strong Financial and Operational Resilience, Board Defers Dividend as Precautionary Measure". April 6, 2026. Retrieved November 12, 2026.
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