Jazeera Airways confident of a better year after difficult 2009 and start to 2010
Losses in 2009 and 1Q2010 have not dampened Jazeera Airways’ expectation of reporting a profit in 2010. With regional traffic still growing rapidly and yield levels continuing their resurrection in the Middle East, the outlook for 2010 is much better than it was for 2009. Chairman Marwan Boodai is still upbeat about the possibility of finishing 2010 with a profit, while COO, Reinhard Kossack, stated at the beginning of May-2010 that he is sure the carrier will be profitable this year 2010. The turnaround will be driven by the turnaround initiatives that were put in place in 4Q2009 and 1Q2010. Notably, the reconfiguration of the carrier’s network and steps to increase capacity to destinations such as Lebanon, Damascus and Cairo over the peak summer period are expected to help.
To access CAPA Premium Analysis you need a CAPA Membership
Your window into the latest insights
CAPA employs an industry-leading Analyst team based in Europe, North America, Asia and Australia who offer unique perspectives and independent and accurate commentary of critical industry developments globally. CAPA Members rely on our Analysis to unlock valuable insights and actionable intelligence to keep ahead of the game.
Big picture strategic view
Our Analysts don’t just report the news - they take a big picture strategic view of aviation dynamics, issues and trends and analyse the implications of these developments for you.
The CAPA Analyst team is based globally to ensure our CAPA Members have access to independent, unique perspectives covering an entire spectrum of daily, worldwide commercial aviation developments.
Customise your Alerts
CAPA Members can use CAPA Alerts to receive daily, weekly or monthly and customised updates on our Analysis.
I'm very impressed by the factual and detailed analysis CAPA is always doing.- CEO, Airline Member
Phone: +61 2 9241 3200 | Email: firstname.lastname@example.org