Jazeera Airways profits rise
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Jazeera Airways recently released its April 2014 operational performance report which reveals an increase in flown passengers on routes serving Istanbul, Jeddah, Bahrain, Alexandria, Cairo and Mashhad, and an on-time performance of 92.59%.
The report is released on a monthly and annual basis by Kuwait’s Directorate General for Civil Aviation (DGCA). The airline continues to lead with a 33% market share on the Kuwait-Amman route for the eighth month in-a-row. There was a 76% increase in flown passengers on the Kuwait-Istanbul route and grabbed a 7% market share on the route.
Flown passengers on the Kuwait-Jeddah route increased by 36% from April 2013, and by 19% on the Kuwait-Bahrain route. The airline grabbed a 17% market share on the Kuwait-Jeddah route and a 10% market share on the Kuwait-Bahrain route.
Jazeera Airways serves six cities in Egypt and led on route serving Luxor with a 70% market share, and grabbed a 24% market share on the Kuwait-Cairo route, an 18% market share on the Kuwait-Alexandria route, a 42% market share on the Kuwait-Assiut route, and a 47% market share on the Kuwait-Sohag route. Flights to the seasonal destination of Sharm El Sheikh resumed in May 2014.
Flown passengers on the route serving Cairo increased by 10% from April 2013, and flown passengers on the route serving Alexandria increased by 21% from April 2013. The airline saw an 11% increase in flow passengers on the Kuwait-Mashhad route compared to April 2013, and grabbed a 21% market share during April 2014.
The April 2014 report also shows that Jazeera Airways grabbed a 29% market share on the Kuwait-Beirut route, a 12% market share on the Kuwait-Dubai route, a 5% market share on the Kuwait-Riyadh route, and a 39% market share on the Kuwait-Al Najaf route.
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