14 Aug 2010
(MENAFN) Kuwait’s low cost carrier Jazeera Airways said that it made a loss of $16.41 million in the second quarter of the current year, compared with a loss of $4.38 million in the year-earlier period, Reuters reported.
In a statement to the Kuwaiti bourse, Jazeera said it made a loss of $32.04 million in the first half of the year, compared to a loss of $7.75 million in the same period period of 2009.
Jazeera, which aims to fly 82 routes in the Middle East within the next five years, competes with United Arab Emirates based Air Arabia and Dubai based carrier flydubai which started operations last year.
The carrier’s total assets grew 119.5 percent in the first half of the year to $583.24.
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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