17-Dec-2010 3:57 PM
Jazeera Airways increases capital of Sahaab Aircraft Leasing
Analysis
Jazeera Airways Group recently increased the capital of its fully owned leasing arm, Sahaab Aircraft Leasing, from KD20 million (USD71 million) to KD29 million (USD103 million) to "take advantage of new market opportunities". The move comes as the carrier looks to return to profitability, following a difficult 2009.
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