Kuwaiti hybrid carrier Jazeera Airways reported that its net profit for 2016 dropped by almost 30%, to KD10.8 million ($35.4 million), compared to KD15.4 million for 2015. The profit was achieved on revenues of KD52.8 million, down 10% on 2015’s figure of KD56.8 million. The final quarter of the financial year saw Jazeera return a rare loss, recording a deficit of KD1.2 million compared to a profit of just over KD900,000 last time. Jazeera operates a fleet of seven Airbus A320s on ...

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