Kuwaiti hybrid carrier Jazeera Airways reported a KD2.3 million ($7.6 million) net profit for the 2017 second quarter, an 18.1% improvement over its KD1.9 million net profit in 2Q 2016. The result was driven by a 9.5% rise in revenue to KD14 million, which Jazeera management attributed to higher utilization, better network planning and increased passenger demand. The airline posted an operating profit of KD2.2 million for the quarter, up 22.9% year-over-year (YOY). Load factor for the ...

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