Private Kuwaiti carrier Jazeera Airways reported a KWD2.3 million ($8.6 million) profit in 2007, level with the $8.7 million profit earned in 2006, its first full operational year (ATWOnline, April 17, 2007). Revenue climbed 61.2% to KWD34.7 million, but the carrier did not report costs or cite a specific reason that the increased turnover did not boost the bottom line. Jazeera launched a second hub in Dubai last year and transported 1.2 million passengers during the 12-month period, ...
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