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Jazeera Airways - Revenue up 61% in 3Q08, maintains FY08 profit target of USD15 million

10-Nov-2008

Jazeera Airways has bounced back from a big net loss in 2Q08 with a 61.2% year-on-year increase in revenue in 3Q08 to USD56.8 million. The carrier’s third quarter net profit remained steady at USD6.1 million. [640 words]

Unlock the following content in this report:

Subheadings:

  • Takes delivery of two new A320s
  • Considers new hub options

Graphs and data:

  • Jazeera Airways financial highlights: three months ended 30-Sep-08 (USD million)
  • Jazeera Airways financial highlights: nine months ended 30-Sep-08 (USD million)
  • Jazeera Airways A320 delivery plan: 2008-2014
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