Jazeera Airways reports 17th consecutive profitable quarter in 3Q2014

Jazeera Airways revenue up 15% - financial highlights for three months ended 30-Sep-2014:

• Operating revenue: KWD23.1 million (USD81.3 million), +15.2% year-on-year;
• Operating costs: KWD14.0 million (USD49.3 million), +13.6%;
• Operating profit: KWD9.1 million, (USD32.0 million), +17.8%;
• Net profit: KWD8.1 million (USD28.5 million), +22.6%;
• Passenger numbers: +10.8%. [more - original PR]

*Based on the average conversion rate at USD1 = KWD0.2842

Jazeera Airways: "Despite the continued political unrest in several areas of our network, the company managed to deliver the best earnings in the history of our nine-year old airline. That's not to say that Jazeera Airways wasn't impacted by the rise of hot spots in our region," Marwan Boodai, Chairman. Source: Company statement, 22-Oct-2014.