Mubasher: Jazeera Airways incurred a net loss of KWD 947,705 during the first quarter of 2017, according to a press release issued on Thursday.
In Q1-17, the company reported total operating revenues of KWD 10.05 million, which is 15.3% lower than the first quarter of the prior year.
Jazeera Airways posted net operating losses of KWD 87,949 in Q1-17, while its load factor stood at 72% which is 0.9% lower than Q1-16.
“In the next quarter, we will launch our overhauled e-commerce platform that is tasked with generating ancillary income and optimising the booking and payment experience to further differentiate our product, while our previously announced game-changing departure and arrival terminal is progressing on track to accept its first travellers in Q1-18,” chairman of Jazeera Airways Marwan Boodai said.
