(MENAFN - Arab Times) Award-winning Jazeera Airways today issued its Q2 2012 operational performance, which showed that the airline has continued to grab leading market shares to the destinations it serves.
The Monday-issued report had placed Jazeera Airways as the leading airline between Kuwait and Amman, and between Kuwait and the following five Egyptian cities: Alexandria, Sharm El Sheikh, Assiut, Sohag and Luxor. The report is based on official figures from Kuwait's Directorate General for Civil Aviation (DGCA).
The airline captured a 38% market share on the Kuwait-Amman, a 31% market share on the Kuwait-Alexandria route, a 60% market share on the Kuwait-Sharm El Sheikh route, a 50% market share on the Kuwait-Assiut route, 38% market share on the Kuwait-Sohag route, and a 71% market share on the Kuwait-Luxor route. The airline's market share also increased on the Kuwait-Cairo route during Q2 to 27%, with a 28% market share during the month of May alone, an 8% increase from April 2012 and an all-time high since it launched the route in May 2011.
The report also showed that Jazeera Airways was the leading Kuwaiti airline between Kuwait and Beirut (capturing 32%), Kuwait and Bahrain (capturing 13%), and Kuwait and Dubai (capturing 16%).
Jazeera Airways also reported this week that it ranked the highest in on-time performance (OTP) in the Middle East in the second quarter of 2012, as measured by FlightStats, the US-based global OTP tracker. The airline's OTP for the second quarter was 94.21%.
Established in 2005, Jazeera Airways Group is a Kuwait Stock Exchange-listed company with over 12,000 shareholders. The company has 12 fully-owned Airbus A320s in operation, distributed between its airline business, Jazeera Airways (six aircraft), and its fully-owned leasing business, Sahaab Aircraft Leasing (six aircraft). Sahaab has assets placed with Virgin America, SriLankan Airlines, and Jazeera Airways.
In 2011 the airline carried 1.2 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, Aleppo, Deir Ezzor, 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.