26 Apr 2011
(MENAFN) Kuwait’s Jazeera Airways Group chairman, Marwan Boodai, stated that the airline’s good performance in Q2 reduced net losses in 2010 to USD10.1 million compared to 2009’s USD28.92 million, reported Arabian Business.
Boodai also said that the company’s 2010 second half was the first time during which the company had two consecutive profitable quarters. He pointed out that the earnings in 2010’s Q3 were the highest since the second half of 2008.
The chairman added that the main reason behind the company’s strong performance was the overcapacity thrown on ME routes by other airlines, mainly governmental ones.
It is worth noting that Jazeera Airways ended last year having carried a total of 1.3 million passengers on 14,276 flights across its network.
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
26 Dec 2024
BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more