Jazeera Airways 1Q profit falls, but outlook improves

Credit: By Rob Finlayson
Kuwait’s Jazeera Airways posted a first-quarter profit of KD2.1 million ($7.4 million), down 41.8% compared to KD3.6 million in the year-ago period. The carrier attributed the profit drop to a combination of factors. Revenue was KD13.8 million, down 6.1%. Jazeera Airways Group chairman Marwan Boodai...

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