Kuwait-Mubasher: Jazeera Airways achieved a 33% growth in earnings which stood at KWD 4 million ($13.2 million) in the first quarter of 2016, compared to KWD 3 million ($9.9 million) in Q1-15.
Operating revenues decreased 7.8% to KWD 11.9 million in Q1-16, according to an issued statement.
The number of passengers has increased 5.1% in Q1-16 as compared to the same quarter of 2015.
On KSE’s level, Jazeera fell by 1.12% to 880 fils, after 42,000 shares were exchanged with a value worth around KWD 37,200.
