Jazeera Airways Faces Financial Loss Due to Kuwait Airport Closure Amid Iranian Conflict
Jazeera Airways, a budget airline, reported a net loss of KD1.1 million ($3.6 million) for the first quarter of 2026, a significant decline from a KD4.7 million profit in the same period last year. This downturn is attributed to the closure of Kuwait airport, which was a result of the Iranian conflict. The airport closure lasted 57 days, marking the longest suspension for any airport in the region. During this period, Jazeera Airways experienced a 25% drop in passenger numbers and a nearly 16% decrease in revenues, amounting to KD45 million. To mitigate the impact, Jazeera established temporary operations in Saudi Arabia, launching services from Qaisumah and Dammam in March. The airline also sought waivers from aircraft and engine lessors and deferred dividends to manage the financial strain. 
