Kuwait- Jazeera Airways Group announces H1 2014 results


(MENAFN- Kuwait News Agency (KUNA)) Jazeera Airways Group announced on Wednesday financial and operational results for the first half of 2014, reporting an operating revenue of KD 29.3 million, and a net profit of KD 4.9 million.

Jazeera Airways Group Chairman, Marwan Boodai, said, "The Group's performance in the year's first two quarters continues to be in line with our projections, and though the earnings were lower than last year's exceptional results due to external factors such as a 10% rise in fuel cost and flight re-routing due to regional unrest, the earnings were the second highest earnings in the company's history." Boodai added, "This year is shaping up to be another milestone year for the Group. In the last six months, the Group received a brand new Airbus A320 from the manufacturer, and leased two aircraft to TAP Portugal, its first customer in Europe. Furthermore, in June, Jazeera Airways launched four exclusive and dedicated gates, making it the only airline in Kuwait with gates that are exclusive to its customers." The dedicated gates, which are equipped with two state-of-the-art bridges, are strong product differentiators and enabled Jazeera Airways to offer a better, easier, and more streamlined boarding experience for customers, he added.

Today, Jazeera Airways passengers are the only passengers in Kuwait who have access to booking with their mobile phone, checking-in online or in person using the airport kiosk, boarding through exclusive gates and state-of-the-art bridges, and fly on brand new aircraft, he concluded.


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