Jazeera Airways will consider opening a new base outside its home in Kuwait if it finds the right opportunity, as the airline remains bullish on growth despite geopolitical tensions in the Middle East.
The low-cost airline is focused on developing new direct routes from Kuwait to capitalise on strong demand and diversifying travel segments to capture more leisure and religious traffic, Jazeera Airways' new chief executive Barathan Pasupathi told The National.
"For the foreseeable next 12 to 18 months, we are going to be very focused on Kuwait. But if and when a hub opportunity comes along that is attractive for Jazeera and the wider growth of our network, we will not be hesitant to look into it," Mr Pasupathi said.
Jazeera Airways, which in March last year announced plans to start a low-cost airline in Saudi Arabia to be based at the King Fahd International Airport in Dammam, has placed a bid for the licence and is optimistic about its chances.
"We went through all the steps of a tendering process and completed the due diligence to establish a hub in Dammam, twice. We are still awaiting an official announcement," Mr Pasupathi said.
"We do believe we have the best credentials and have submitted the best plan but this is a tendering process so it can go either way."
Saudi Arabia's General Authority of Civil Aviation did not respond to a request by The National for comment on the status of the bidding process.
Jazeera Airways projected a "strong" outlook for 2024, depending on geopolitical developments in the region, after reporting a 37.3 per cent increase in second-quarter net profit to reach 5.4 million Kuwaiti dinars ($17.6 million).
Group operating revenue increased 6.2 per cent year on year to 52.6 million dinars during the three-month period, driven by strong demand for summer and Hajj travel. Passenger traffic soared by 6.5 per cent to 1.1 million.
Load factor, a measure of how efficiently an airline fills available seats, was 74 per cent during the period.
New routes
Mr Pasupathi, who was appointed chief executive in late March, said his focus will be on maintaining the airline's growth and reducing unit costs by bringing in-house some capabilities such as maintenance and ground-handling work.
The airline is striving to lower its unit costs by improving aircraft use and reassessing the seat density on the Airbus A321 Neos entering its fleet by 2026, he said.
Jazeera Airways will make an announcement by the fourth quarter of this year on this "strategic shift to transform its cost base", he said.
"There is an inflationary environment and as an airline we really need to manage our costs to keep fares affordable and accessible to customers, so Jazeera will be embarking on certain strategic shifts," Mr Pasupathi said, without providing details.
As it develops new direct routes to and from Kuwait, Jazeera Airways is considering the lucrative markets of south-eastern Europe that are "affordable and attractive", he said.
In the second quarter, Jazeera Airways introduced two new direct routes to Krakow, Poland, and Batumi, Georgia, from Kuwait.
The airline also sees new opportunities in travel markets where Kuwait is renegotiating bilateral air service agreements, Mr Pasupathi said. If successful, these enhanced agreements could allow Jazeera access to second-tier cities in India, for example.
Airbus A321 Neo 'game-changer'
Jazeera Airways, which signed a deal to buy 28 Airbus narrow-body aircraft at the Dubai Airshow in November 2021, has taken delivery of two jets and expects the remaining ones to come on time in 2026. The deal was for 20 A320 Neos and eight A321 Neos.
To operate the new aircraft and keep pace with the increase in growth, the airline expects to expand its workforce to about 2,000 to 3,000 employees, up from1,600 people currently, the chief executive said.
Jazeera Airways also expects to reach a decision on an engine order for these aircraft by the end of this year, he added.
Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
UAE currency: the story behind the money in your pockets
Mohammed bin Zayed Majlis
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UAE currency: the story behind the money in your pockets
ELIO
Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett
Directors: Madeline Sharafian, Domee Shi, Adrian Molina
Rating: 4/5
It Was Just an Accident
Director: Jafar Panahi
Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr
Rating: 4/5
Dunki
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In numbers
Number of Chinese tourists coming to UAE in 2017 was... 1.3m
Alibaba’s new ‘Tech Town’ in Dubai is worth... $600m
China’s investment in the MIddle East in 2016 was... $29.5bn
The world’s most valuable start-up in 2018, TikTok, is valued at... $75bn
Boost to the UAE economy of 5G connectivity will be... $269bn
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GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
The years Ramadan fell in May
Recipe: Spirulina Coconut Brothie
Ingredients
1 tbsp Spirulina powder
1 banana
1 cup unsweetened coconut milk (full fat preferable)
1 tbsp fresh turmeric or turmeric powder
½ cup fresh spinach leaves
½ cup vegan broth
2 crushed ice cubes (optional)
Method
Blend all the ingredients together on high in a high-speed blender until smooth and creamy.
T20 World Cup Qualifier fixtures
Tuesday, October 29
Qualifier one, 2.10pm – Netherlands v UAE
Qualifier two, 7.30pm – Namibia v Oman
Wednesday, October 30
Qualifier three, 2.10pm – Scotland v loser of qualifier one
Qualifier four, 7.30pm – Hong Kong v loser of qualifier two
Thursday, October 31
Fifth-place playoff, 2.10pm – winner of qualifier three v winner of qualifier four
Friday, November 1
Semi-final one, 2.10pm – Ireland v winner of qualifier one
Semi-final two, 7.30pm – PNG v winner of qualifier two
Saturday, November 2
Third-place playoff, 2.10pm
Final, 7.30pm
KILLING OF QASSEM SULEIMANI
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THE SPECS
Engine: 1.6-litre turbo
Transmission: six-speed automatic
Power: 165hp
Torque: 240Nm
Price: From Dh89,000 (Enjoy), Dh99,900 (Innovation)
On sale: Now
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Spider-Man: No Way Home
Director: Jon Watts
Stars: Tom Holland, Zendaya, Jacob Batalon
Rating:*****
The bio
Favourite book: Peter Rabbit. I used to read it to my three children and still read it myself. If I am feeling down it brings back good memories.
Best thing about your job: Getting to help people. My mum always told me never to pass up an opportunity to do a good deed.
Best part of life in the UAE: The weather. The constant sunshine is amazing and there is always something to do, you have so many options when it comes to how to spend your day.
Favourite holiday destination: Malaysia. I went there for my honeymoon and ended up volunteering to teach local children for a few hours each day. It is such a special place and I plan to retire there one day.
Mohammed bin Zayed Majlis
Torbal Rayeh Wa Jayeh
Starring: Ali El Ghoureir, Khalil El Roumeithy, Mostafa Abo Seria
Stars: 3
Results
Stage 7:
1. Caleb Ewan (AUS) Lotto Soudal - 3:18:29
2. Sam Bennett (IRL) Deceuninck-QuickStep - same time
3. Phil Bauhaus (GER) Bahrain Victorious
4. Michael Morkov (DEN) Deceuninck-QuickStep
5. Cees Bol (NED) Team DSM
General Classification:
1. Tadej Pogacar (SLO) UAE Team Emirates - 24:00:28
2. Adam Yates (GBR) Ineos Grenadiers - 0:00:35
3. Joao Almeida (POR) Deceuninck-QuickStep - 0:01:02
4. Chris Harper (AUS) Jumbo-Visma - 0:01:42
5. Neilson Powless (USA) EF Education-Nippo - 0:01:45
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Dust and sand storms compared
Sand storm
- Particle size: Larger, heavier sand grains
- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
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The specs
Engine: 2.0-litre 4-cylinder turbo
Power: 258hp from 5,000-6,500rpm
Torque: 400Nm from 1,550-4,000rpm
Transmission: Eight-speed auto
Fuel consumption: 6.1L/100km
Price: from Dh362,500
On sale: now
Zayed Sustainability Prize
The years Ramadan fell in May
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
UAE currency: the story behind the money in your pockets