Tuesday 30 July 2013

KUNA : Al-Jazeera Airways announces best first-half earnings in history - Economics - 30/07/2013

KUNA : Al-Jazeera Airways announces best first-half earnings in history - Economics - 30/07/2013:

"Al-Jazeera Airways Group announced on Tuesday a record net profit of KD 3.9 million for Q2 of 2013, increasing by 36 percent compared to last year, making the first half of 2013 the airline's most profitable first half in history.
The company had previously announced a record net profit of KD 3.6 million for the Q1. Al-Jazeera Airways Group said the H1 earning record reached KD 7,5 million, increasing by 95 percent compared to last year's record, with a continuous 12 consecutive quarters of profitibility.
The company noted that the revenue in H1 reached KD 30,8 million, up to 9 percent compared to 2012, the operating profit reached KD 9,5 million up to 48 percent compared to 2012, the number of flown passengers increased by 4,1 percent compared to H1 2012, and the load factor reached 70 percent, up by 11, 9 percent of H1 2012."

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