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# KUWAIT: Jazeera Airways Renews and Increases Credit Facilities To KWD 60 Million
- URL: https://insideaviation.news/kuwait-jazeera-airways-renews-and-increases-credit-facilities-to-kwd-60-million/
- Published: 2026-10-16T05:30:00.000Z
- Updated: 2026-10-16T05:30:00.000Z
- Description: KUWAIT CITY, Kuwait: Jazeera Airways signed an agreement to renew and increase existing credit facilities with a local bank. The facilities total KWD 60 million Kuwaiti dinars and include letters of guarantee plus commercial loans.
- Author: Inside Aviation News
- Tags: Kuwait, Jazeera Airways, Finance

KUWAIT CITY, Kuwait

- Jazeera Airways signed an agreement to renew and increase existing credit facilities with a local bank.
- The facilities total KWD 60 million Kuwaiti dinars (USD 193 million) and include letters of guarantee plus commercial loans.
- Interest rates and commissions follow the bank’s applicable regulations.
- The carrier stated no material financial impact on its position at present.
- The used portion of the facilities stands at KWD 47.6 million (USD 153.27 million).
- Impact from further drawdowns will appear successively in financial statements.
- Jazeera Airways recorded a profit of KWD 8.57 million (USD 27.58 million) in the first half of 2026\. The result compares with KWD 9.55 million (USD 30.74 million) in the same period a year earlier, a decrease of 10.25 percent.

**Sources:**

- [Boursa Kuwait](https://www.boursakuwait.com.kw/en/news/view?ref=insideaviation.news#BK64621)