13 Hrs
Source:
الاقتصادية
Source: الاقتصادية
13 Hrsالاقتصادية
Source: الاقتصادية
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Kuwait’s Jazeera Airways saw net profit fall 47.4% in the third quarter of 2026 to 7.09 million dinars, compared with 13.48 million in the same period of 2025. Quarterly revenue declined 10.6% to 62.08 million dinars. In the first nine months of the year, revenue rose 3.7% to 177.93 million dinars, but net profit fell 32% to 15.66 million. The company attributed the decline in profit to higher fuel prices, reduced operating capacity due to the geopolitical crisis, higher credit-loss provisions and administrative expenses, and the absence of an insurance settlement gain recorded the previous year.
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