(MENAFN - Kuwait News Agency (KUNA)) jazeera airways released its July 2014 Operational Performance Report Tuesday, which shows an increase in flown passengers on routes serving Istanbul, Cairo, Jeddah, Sharm El Sheikh and Sohag. jazeera airways issues its Kuwait-Istanbul route: 129% increase in flown passengers from July 2013 Kuwait-Cairo route: 12% increase in flown passengers from July 2013 Kuwait-Jeddah route: 5% increase in flown passengers from July 2013 Kuwait-Sharm El Sheikh route: 19 Kuwait-based Al jazeera airways Group announced that its wholly owned aircraft-leasing subsidiary Sahaab, has signed its first European deal with TAP Portugal. As per the agreement, the company will place two Airbus A320 aircraft on long-term leases with 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 Dubai: Kuwaiti budget carrier, Jazeera Airways, is mulling a stake in Kuwait’s national airline, Kuwait Airways, according to Jazeera Airways’ top executive. “Jazeera Airways board will look at investing in Kuwait’s aviation industry, [including KUWAIT CITY, June 17, (KUNA): Jazeera Airways Group announced Tuesday that it has secured a $18.3 million aircraft refinancing facility through Arab Banking Corporation (ABC). According to a press release, Jazeera Airways Group will use the proceeds to .
Kuwait-based Jazeera Airways Group said on Saturday it had received approval of the company's decision to raise its capital by 91 percent to KD42m ($148.8m) through a rights issue. A total of 200 million shares will be issued to existing shareholders at a Jazeera Airways released its July 2014 Operational Performance Report, which shows an increase in flown passengers on routes serving Istanbul, Cairo, Jeddah, Sharm El Sheikh and Sohag. Jazeera Airways issues its Operational Performance Report on both a Kuwait-based Jazeera Airways said its fully-owned aircraft leasing unit Sahaab Aircraft Leasing has entered the EU aviation market by placing two Airbus A320 aircraft on long-term leases with TAP Portugal airlines, one of Europe’s leading airlines. .
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