Waiting for the Next Big Thing
Kuwait-based Jazeera Airways reported a net profit of KWD6m for H1 2016, down by 3% from the same period in 2015. H1 2015 operating revenues also showed a drop of 7.3% from H1 2015, posting KWD24.7m. The company posted positive results across key performance indicators with passenger numbers going up 3.2% from 2015; Load factor up 3.2% from 2015; and on-time performance reaching 90.1%.
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.
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