21-Feb-2011 4:06 PM
Jazeera Airways handles 1.2 million passengers in 2010
Analysis
Kuwait's Directorate for Civil Aviation has reported that Kuwait-based LCC Jazeera Airways handled 1.2 million passengers in 2010. The carrier outperformed other Kuwaiti carriers to destinations in the Middle East.
Summary
- Jazeera Airways handled 1.2 million passengers in 2010, outperforming other Kuwaiti carriers.
- Jazeera Airways had significant market shares on routes to Beirut, Amman, Alexandria, and Damascus.
- Most Middle East listed airlines did not experience significant changes in their share prices.
- African listed carriers had mixed share price movements.
- The data is from February 18, 2011.
- The report focuses on the performance of Jazeera Airways in the Middle East aviation market.
Jazeera Airways had a market share of 30% on the Kuwait-Beirut route, a 33% market share on the Kuwait-Amman route, a 48% market share on the Kuwait-Alexandria route and a 42% market share on the Kuwait-Damascus route.
Most Middle East listed airlines were unmoved, while African listed carriers were mixed.
Selected MEAAD daily share price movements (% change): 18-Feb-2011
