Jazeera reports first-quarter loss

Jazeera Airways lost KWD1 million ($3.4 million) in the first quarter, reversed from a KWD745,815 profit in the first three months of 2008, on a 7.4% decline in revenue to KWD10 million. It cited "heavy investments in our operations," which Chairman Marwan Boodai said "were tasked with putting in...

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