Marwan Boodai, Chairman of Jazeera Airways, Monday revealed that the private carrier headquartered in Kuwait is aiming at increasing its fleet to 60 by 2025.
The airline currently has 17 jets in operation according to the latest available data on website Airfleets.net, Zawya reports. Speaking to CNBC Arabia, Boodai also indicated that the company has liquidity of 50 million dinars ($165 million) to be used in investments and dividends.
Late last month, the airline placed an order for 28 passenger jets with Airbus for a value put at $3.4 billion.
The jets include 20 A320neos and eight A321neos. The company also agreed to purchase two aircraft engines, CFM LEAP1-A26 spare engines, with an accumulated worth of $32.3 billion, aimed at aiding operations.
Both agreements, the airline further notes, will bring a positive impact on the corporation in the medium and long term.
Kuwait’s Jazeera Airways plans to increase fleet to 60 by 2025
