Mubasher: Jazeera Airways plans to raise its market share in the local transportation sector to 25% from the current 15%, the chairman of the Kuwaiti budget carrier told CNBC Arabia.
Kuwait’s leading low-cost airline also eyes boosting its fleet, Marwan Boodai said.
On Monday, Jazeera Airways’ ordinary general meeting (OGM) announced approving the board’s proposal to distribute KWD 7 million as cash dividends to the entitled shareholders for full fiscal year 2018.
The Kuwaiti carrier last reported a profit of KWD 6.7 million from January to December 2018.