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.
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From exhibitions to the battlefield
In 2016, the Shaded Dome was awarded with the 'De Vernufteling' people's choice award, an annual prize by the Dutch Association of Consulting Engineers and the Royal Netherlands Society of Engineers for the most innovative project by a Dutch engineering firm.
It was assigned by the Dutch Ministry of Defence to modify the Shaded Dome to make it suitable for ballistic protection. Royal HaskoningDHV, one of the companies which designed the dome, is an independent international engineering and project management consultancy, leading the way in sustainable development and innovation.
It is driving positive change through innovation and technology, helping use resources more efficiently.
It aims to minimise the impact on the environment by leading by example in its projects in sustainable development and innovation, to become part of the solution to a more sustainable society now and into the future.
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
The results of the first round are as follows:
Qais Saied (Independent): 18.4 per cent
Nabil Karoui (Qalb Tounes): 15.58 per cent
Abdelfattah Mourou (Ennahdha party): 12.88 per cent
Abdelkarim Zbidi (two-time defence minister backed by Nidaa Tounes party): 10.7 per cent
Youssef Chahed (former prime minister, leader of Long Live Tunisia): 7.3 per cent
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Terror attacks in Paris, November 13, 2015
- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany
- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people
- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed
- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest
- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France
Silent Hill f
Publisher: Konami
Platforms: PlayStation 5, Xbox Series X/S, PC
Rating: 4.5/5
WHAT IS GRAPHENE?
It was discovered in 2004, when Russian-born Manchester scientists Andrei Geim and Kostya Novoselov were experimenting with sticky tape and graphite, the material used as lead in pencils.
Placing the tape on the graphite and peeling it, they managed to rip off thin flakes of carbon. In the beginning they got flakes consisting of many layers of graphene. But when they repeated the process many times, the flakes got thinner.
By separating the graphite fragments repeatedly, they managed to create flakes that were just one atom thick. Their experiment led to graphene being isolated for the very first time.
In 2010, Geim and Novoselov were awarded the Nobel Prize for Physics.
In Full Flight: A Story of Africa and Atonement
John Heminway, Knopff
Pearls on a Branch: Oral Tales
Najlaa Khoury, Archipelago Books
Ready Player One
Dir: Steven Spielberg
Starring: Tye Sheridan, Olivia Cooke, Ben Mendelsohn, Mark Rylance
Start-up hopes to end Japan's love affair with cash
Across most of Asia, people pay for taxi rides, restaurant meals and merchandise with smartphone-readable barcodes — except in Japan, where cash still rules. Now, as the country’s biggest web companies race to dominate the payments market, one Tokyo-based startup says it has a fighting chance to win with its QR app.
Origami had a head start when it introduced a QR-code payment service in late 2015 and has since signed up fast-food chain KFC, Tokyo’s largest cab company Nihon Kotsu and convenience store operator Lawson. The company raised $66 million in September to expand nationwide and plans to more than double its staff of about 100 employees, says founder Yoshiki Yasui.
Origami is betting that stores, which until now relied on direct mail and email newsletters, will pay for the ability to reach customers on their smartphones. For example, a hair salon using Origami’s payment app would be able to send a message to past customers with a coupon for their next haircut.
Quick Response codes, the dotted squares that can be read by smartphone cameras, were invented in the 1990s by a unit of Toyota Motor to track automotive parts. But when the Japanese pioneered digital payments almost two decades ago with contactless cards for train fares, they chose the so-called near-field communications technology. The high cost of rolling out NFC payments, convenient ATMs and a culture where lost wallets are often returned have all been cited as reasons why cash remains king in the archipelago. In China, however, QR codes dominate.
Cashless payments, which includes credit cards, accounted for just 20 per cent of total consumer spending in Japan during 2016, compared with 60 per cent in China and 89 per cent in South Korea, according to a report by the Bank of Japan.
India cancels school-leaving examinations
