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

Premium Analysis

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.

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