Kuwait’s privately owned Jazeera Airways Group saw its first-half net profit drop to KD4.9 million ($17.3 million), down by nearly 35% from KD7.5 million for the year-ago period. First-half revenue was KD29.3 million, down 4.9% year-over-year. The group—which comprises hybrid carrier Jazeera Airways and its Sahaab Aircraft Leasing—attributed the lower figures to a combination of “exceptional external factors,” as well as comparison with its record-breaking 2013 ...

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