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Jazeera Airways

Jazeera posts 11th straight quarterly profit

  Jazeera Airways Group has announced a record net profit of KD3.6 million ($12.6 million) for first quarter, up 229.4 per cent from KD1.1 million last year, making it the group’s 11th straight profitable quarter with an av

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Jazeera captures key ME market share

Kuwait-based budget carrier Jazeera Airways said it had once again captured high market shares on key routes including Amman, Assiut, Dubai, Jeddah, Luxor, Mashhad, and Sohag in February.   Jazeera was also the leader in on-t

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Istanbul, Sharm El Sheikh on Jazeera summer plans

Kuwait-based Jazeera Airways today announced the return of seasonal scheduled flights for summer between Kuwait and Istanbul, and Kuwait and Sharm El Sheikh. Flights to the Turkish capital will begin on March 31, while flights to

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Jazeera 'leading in ME market share'

Kuwait-based budget carrier Jazeera Airways said it has once again captured a leading market share on most of its routes, according to its monthly operational performance report. The monthly report, which presents market share fig

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Jazeera Airways net profit up 32pc

Kuwait-based budget carrier Jazeera Airways has recorded a 32 per cent growth in its net profit which soared to KD13.9 million ($48.7 million) from KD10.6 million the previous year, driven by yield enhancement, robust cost management, strong net

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Jazeera Airways boosts capital to $148.9m

Kuwait-based budget carrier Jazeera Airways Group said it has successfully raised its capital by 74 per cent to KD42 million ($148.9 million) through a rights issue, which was oversubscribed 2.25 times.   The rights issue comp

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Jazeera Airways to offer 178m shares

  Kuwait-based budget carrier Jazeera Airways will offer 178 million shares in a capital increase starting on Monday, the Kuwaiti group said in a bourse filing on Sunday.   The shares will be priced

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Jazeera Airways Q2 profit hits record $9m

The second quarter (Q2) revenue rose to KD15.6 million, up 11.8 per cent from the corresponding period of 2011, while the operating profit reached KD4.2 million, up 49.2 per cent from Q2 of 2011. The results reflect the ongoing success

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Jazeera sees ME market share growth

Kuwait-based budget carrier Jazeera Airways said it had once again captured a leading market share on most of its routes including Alexandria, Amman, Assiut, Luxor and Sharm El Sheikh. The airline was also the leader in on-time performance

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Jazeera Airways Q1 net jumps 17.8pc

Jazeera Airways Group has posted a record net profit of KD1.2 million ($4.32 million) for the first quarter of 2012, marking a 17.8 per cent increase in net profit over the same period of 2011. This also makes the first quarter of 2012 the

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