Kuwait Airways annual revenue up 115 pct from 2021, plans flights to new Saudi cities

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Kuwait Airways’ revenue last year rose by 115 percent from 2021 and was up 10 percent from pre-pandemic 2019, Chairman Ali Aldokhan told a news conference on Thursday.

The state carrier posted a net loss of $180.26 million (55 million dinars) for 2022 and still expects to break even by the end of 2024, Aldokhan said.

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The airline, like its counterparts across the globe, was hit hard by the COVID-19 pandemic.

He added that the airline intends to operate new routes to Athens, Barcelona, Berlin, Budapest, and the Saudi Arabian cities
of Al-Ula, Taif, and Al-Qassim in 2023.

Read more: Saudi Arabia’s Flynas looks to expand in overseas units

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