Jazeera Airways dipped into the red in 2014 after a loss related to the sale of its fleet of 15 Airbus A320s to a leasing company. The Kuwaiti airline announced revenue for 2014 of KD68.8 million ($228.8 million), up 4.9% on 2013. Net profit for the year was given as KD17.4 million (up 4.4% year-over-year [YOY]) prior to the sale. But it said that its bottom line “was affected by a one-time non-recurring loss leading to a net loss of KD2.88 million for the year.” ATW ...

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