Kuwait-based low-cost carrier Jazeera Airways recorded KD52.8 million ($172.7 million) in revenues for 2016, reflecting a 10 per cent decrease from the previous year.
The airline also reported an operating profit of KD8.8 million
Jazeera Airways, the largest airline serving the Middle East out of Kuwait, recently celebrated Gergaon on board the flight giving packs to children and families in keeping with the local tradition which marks the middle of Ramadan.
Jazeera Airways, a low-cost carrier based in Kuwait, has reported a net profit of KD15.4 million ($51.2 million) for 2015.
The airline reported positive results last year compared to figures recorded in 2014, when it posted a pre-transa
Jazeera Airways will increase flights between Kuwait and Riyadh, Saudi Arabia, to four flights a week starting January 1, 2016.
The airline currently operates three weekly flights between Kuwait and Riyadh on Sundays, Wednesdays, and Fr
Shareholders of Kuwait's Jazeera Airways have approved a board recommendation to reduce the company’s capital from KD42 million ($138.8 million) to KD20 million ($66 million), following its exit from the aircraft leasing business.
Kuwait-based Jazeera Airways reported a 36 per cent increase in passenger numbers in July compared to same period in 2014, mainly driven by continued strong demand on all routes, better flight schedules, and an improved booking and check-in expe
Kuwait’s low-cost carrier Jazeera Airways has formally submitted a letter of intent to acquire 35 per cent of Kuwait Airways, which is currently undergoing a privatisation process by the country’s government.
The 35 pe
Shareholders of Kuwait-based Jazeera Airways Group today approved a board proposal for the cash distribution of KD20 million ($66 million) as special dividend for the year 2014.
The proposal was approved during the company’s
Kuwait-based Jazeera Airways Group has reported a net profit of KD3 million ($9.9 million) in the first quarter, up 44.6 per cent from the same period last year.
The group also registered an operating revenue of KD12.9 million ($42.6 mi
Jazeera Airways, a Kuwait-based airline, recommended record dividends and payments to shareholders totalling up to KD50 million ($166.4 million) in the form of special dividends for 2014 and a share buyback programme.