Jazeera Airways announces FY2017 financial results
- Operating revenue: KD56.6 million, up 7.3% from FY2016
- Operating profit: KD7.7 million, down 12.1% from FY2016
- Net profit: KD8.2 million, down 23.7% from FY2016 (FY2016 net profit included a one-off KD 2.4 million transfers from foreign currency translation reserve that were reclassified to Statement of Income)
- Route Expansion: 3 new destinations launched (Doha, Baku, and Hyderabad, India)
- Load factor: 73.9%, up 6.7% from FY2016
- Aircraft utilization: 10.9 hours, up 6.9% from FY2016
- Brand and customer experience: Introduced a series of brand upgrades, including revamped brand architecture, new aircraft interiors, and new digital infrastructure for better customer customer experience from booking to flight.
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