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.
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