Report
EUR 236.14 For Business Accounts Only

Still far-off

The first nine months of 2016 saw the airline Jazeera Airways record net profits of KWD12m, down by 9.7%, year-on-year, in 2015. Its revenue for the nine-month period was KWD43.5m, down by 8.77% compared to the corresponding period. However, passenger numbers rose by 2.6% and the load factor jumped by 1.8% to 71.5% compared to the same period in 2015. Moreover, on-time performance was registered at 90.1%.
Underlying
Jazeera Airways Co. K.S.C.

Provider
AlphaMena Corporate Services
AlphaMena Corporate Services

AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.

Analysts
Salma KHARBACHI

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