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 place the right launchpad for our next wave of growth." It expects to take delivery of two A320s by July, bringing its fleet to 10.
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