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Jazeera Airways to acquire six A320ceo aircraft: Kuwaiti carrier Jazeera Airways’ board of directors has approved the purchase of six A320ceo aircraft — which it currently operates under lease — for KDW 55.7 mn (c. USD 181 mn), according to a Kuwait Stock Exchange disclosure (pdf). The purchase will be funded from the firm’s internal resources and loans from local banks.
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The upside: The acquisition is set to save Jazeera some KWD 1.1 mn (c. USD 3.61 mn) due to the early retirement of the lease agreements for the aircraft, the disclosure said.
A growing portfolio: Jazeera Airways boasts a fleet of 24 aircraft, after it acquired 9K-CAW back in July. The carrier has an order book of 26 new aircraft, 18 320neos and 8 A321neos, and expects delivery from mid-2026 and onwards.
GCC on a fleet expansion spree: UAE flag carrier Emirates received its first Airbus A350 back in November, the first of 65 A350 aircraft slated for delivery over the next few years. Etihad Airways increased its fleet to 95 aircraft, an increase of 16 aircraft from last year after receiving all six A321NEOs. Oman Air is also expecting to expand its fleet, operating Boeing 787-9 aircraft for widebody services by next year and transitioning to a 737-9 fleet for narrowbody operations by mid-2026.
