Jazeera Airways 3Q profits down 27% on falling yields

Credit: Rob Finlayson
Jazeera Airways has reported a third-quarter net profit of KD6 million ($19.8 million), down 27% on the year-ago period, as continued low oil prices and fare cuts by competitors took their toll. The Kuwaiti hybrid carrier made its profit on revenues of KD18.8 million, down 10.6% on a year ago. “Our...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

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