Jazeera Airways Group sells fleet for $507 million

Credit: Rob Finlayson
Jazeera Airways Group has sold its entire fleet owned by its leasing unit Sahaab Leasing to a UK-Chinese joint venture for $507 million and is getting out of the leasing business. The move is expected to boost profits by some 50% over the next three years. The Group consists of two companies: Kuwait...
Alan Dron

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

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