Kuwait Airways achieves 30% growth in the first half of 2023

The company achieved 30% growth in revenues, reduced its debt by 39%, passenger traffic in Terminal 4 grew by 45%, aircraft utilization increased by 34% and the percentage of flight departures grew to 33%.

In addition, the company achieved On Time Performance of 81%.

Kuwait Airways has had 115,000 new members joining the Oasis Club in the first half of this year, in addition, a 65% increase in passengers redeeming their Oasis points for tickets.

Kuwait Airways Chairman, Captain Ali Muhammad Al-Dukhan said: “We are pleased to highlight the most prominent results of the first half of the year 2023, as Kuwait Airways, with the help of its dedicated employees, has achieved its goals within its strategic plans and vision emanating from the Board of Directors of the company, which extends to the year 2030, to develop and improve its entire system.”

Al-Dukhan said Kuwait Airways has reached ‘exceptional advancements by keeping pace with the latest technologies in the air transport sector in the region and globally, as well as entering distinguished partnerships with major companies to develop operations, expand destinations or, exchange expertise.

He added that the company's positive results, growth, and development over the course of the year culminated in Kuwait Airways receiving the award for the Most Improved Airline, according to Skytrax specialised in the evaluation of airlines, as the company achieved the 42nd rank for the year 2023, after it had been ranked at 76th place for the year 2022.