Jazeera 2016 profit falls in ‘challenging’ market
Credit: Rob Finlayson
Kuwaiti hybrid carrier Jazeera Airways reported that its net profit for 2016 dropped by almost 30%, to KD10.8 million ($35.4 million), compared to KD15.4 million for 2015. The profit was achieved on revenues of KD52.8 million, down 10% on 2015’s figure of KD56.8 million. The final quarter of the...
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