Kuwait’s Jazeera posts loss, grabs market share
Kuwait-based low-cost carrier (LCC) Jazeera Airways posted a loss of 8.2 million Kuwaiti dinars (US$28.4 million) for the full year 2009, compared with a year-earlier profit of US$15.6 million, as the global recession took its toll on demand. Sales for the year totalled 46.02 million dinars. “We entered 2009 knowing it would be a challenging …
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