Saturday 23 June 2018

Jazeera 'leading in ME market share'

Kuwait, March 30, 2013

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 figures based on official statistics from Kuwait’s Directorate General for Civil Aviation (DGCA), also showed that Jazeera Airways was the leading airline serving popular expat destinations of Amman, Assiut, Luxor, and Sohag.

The award-winning airline today issued its January 2013 Operational Performance Report which showed that it was the leader in on-time performance (OTP) in the Mena region clocking a 92.93 per cent as per the ranking by the independent US-based OTP tracker FlightStats.
Jazeera pointed out that its market share on the Kuwait-Amman route had risen to 39 per cent, up 6.4 per cent over last year, and also it had witnessed a 27.5 per cent jump in passengers during the month, compared to last year.

On routes serving Egyptian cities, it was the leading airline on the Kuwait-Assiut route with a 63 per cent market share, on the Kuwait-Luxor route with a 72 per cent market share, and on the Kuwait-Sohag route with a 50 per cent market share.

The airline’s market share increased by 17.6 per cent from January 2012 on the Kuwait-Assiut route, by 1.9 per cent from January 2012 on the Kuwait-Luxor route, and by 15.4 per cent from January 2012 on the Kuwait-Sohag route.

Passengers on routes serving Assiut, Luxor and Sohag increased by 42.1 per cent, 27.4 per cent and 33.9 per cent respectively from January 2012.

Jazeera said as per the January data, it was the leading Kuwaiti airline on routes serving high demand cities of Beirut with a 39 per cent market share, Bahrain with an 11 per cent market share, Dubai with a 17 per cent market share, and Alexandria with a 21 per cent market share.

Passengers also increased on routes serving Beirut, Bahrain and Dubai. Passengers on the Kuwait-Beirut route increased by 6.8 per cent from January 2012, while passengers on the Kuwait-Bahrain and Kuwait-Dubai routes increased by 17.3 per cent and 8.3 per cent respectively from January 2012.

On the Kuwait-Jeddah route, Jazeera Airways’ market share increased by 2.3 per cent from January 2012 to a 17 per cent market share in January accompanied by a 17.9 per cent increase in passengers compared to last year.

In 2012, Jazeera Airways had carried 1.1 million passengers in total across its network that includes today high-demand business, leisure, family, and weekend destinations such as Dubai, Bahrain, Beirut, Alexandria, Amman, Damascus, Istanbul, Sharm El Sheikh, Assiut, Luxor, Mashhad, Sohag, Jeddah, Riyadh, Cairo and Al Najaf.

Jazeera Airways is an IATA member airline and operates one of the youngest Airbus A320 fleet in the Middle East.-TradeArabia News Service

Tags: Airline | Kuwait | Jazeera Airways | profit |

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