Jazeera profits slip again in 1Q as economy slows

Credit: Rob Finlayson
Jazeera Airways announced a net loss of KD900,000 ($2.96 million) for 1Q 2017 as it continued to be hit by a slowing economic backdrop and excess capacity in the area. The Kuwaiti hybrid carrier achieved the result on revenue of KD10 million, down 15.3% on the same period in 2016. Load factor was 72...
Alan Dron

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

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