Jazeera Airways Wins Approval For Capital Increase

Jazeera Airways Airbus A320
Credit: Rob Finlayson
Shareholders of Kuwaiti LCC Jazeera Airways approved an increase in the company’s capitalization at an extraordinary general meeting May 19. The shareholders approved a 10% increase in the company’s capital, to KWD22 million ($73 million). The Gulf nation’s Capital Markets Authority had earlier...

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