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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

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