Jazeera Third Quarter Profit Nearly Cut In Half As Fuel Costs Bite
Credit: Jazeera Airways
Kuwaiti LCC Jazeera Airways saw its third-quarter net profit fall by almost a half as soaring fuel prices and a slimmed-down schedule outweighed a jump in add-on sales. The airline’s net profit for the September quarter dropped 47.4% year over year to 7.1 million Kuwaiti dinars ($23 million), while...
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