Dubai PR Network, Online Press Release from Dubai and Middle East
 
Aviation, Airline & Aerospace(Travel & Tourism)
Filter PR by
  
Jazeera Airways announces FY2017 financial results
 
Jazeera Airways announces FY2017 financial results
Board recommends dividend of 35 fils per share
 
Kuwait - Feb 8, 2017:  Jazeera Airways KSC (Jazeera) today announced its 2017 full-year financial results. The company reported an operating result of KD7.7 million, and a net profit of KD8.2 million. 
 
FY2017 Financial Highlights: 
  • 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)
FY2017 Operational and Business Highlights
  • 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.
Jazeera Airways Chairman Marwan Boodai said, “The year 2017 was a transformational year for customer experience enhancements both on-ground and in-the-air. We unveiled a new brand across all customer touchpoints, invested heavily in our digital platform for better revenue management and an engaging customer experience, and rolled out completely new interiors for our fleet. The year 2018 will be no less transformational. Our dedicated terminal, currently under construction, will be launched in Q1 to coincide with our network expansion as we introduce a series of five new destinations in the first half of the year, including Kochi and Ahmedabad (both already launched in January), Lahore, and Tbilisi”.   


Posted by : Dubai PR Network Editorial Team
Viewed 32482 times
PR Category : Travel & Tourism
Posted on : Thursday, February 8, 2018  4:02:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : DAFZA and International Center of Islamic Economy launch the...
Next Story : The Emirates Group Signs MoU with the Government of Andhra P...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
GUESS Trend Alert | The Summer Blues [7058-Views]
Hair Rituel by Sisley Now available at Paris Gallery [6667-Views]
Beautiful Freaks [6490-Views]
Alfahim Announces New Three-year Partnership With UAE Triathlon Federation [6448-Views]
Danube Properties launches Dh550 million Lawnz project at International City, adding 1,064... [5844-Views]
Samsung Introduces Sunrise Gold and Coral Blue Editions for the Galaxy S9 and S9+ [5374-Views]
UAE Team Emirates Blend Youth and Experience as They Announce Line-up for Italian Showcase [5216-Views]
Back to the 90s with GUESS Originals [5051-Views]
RAYMOND WEIL Freelancer ACDC Limited Edition [4917-Views]
Shop and earn Skywards Miles at The Dubai Mall [4734-Views]
The Rado True Open Heart Automatic [4666-Views]
Keep cool with Marks & Spencer's linen collection [4599-Views]
Tommy Hilfiger introduces latest SS18 women's watch collection [4270-Views]
TAG Heuer celebrates the 50th anniversary of the Gulf victory in the 24 Hours of Le Mans [4258-Views]
Realty exhibition brings plethora of investment opportunities for expat Indians [4246-Views]
Skyline Suhoor Night 2018 [4148-Views]
What's better than a good breakfast on your Birthday? One that is free! [4136-Views]
The 22nd edition of Indian Property Show to take place in Dubai from 21-23 June 2018 [3861-Views]
Eberhard & Co. Scafograf Black Sheep [3825-Views]
Dubai Tourism Launches State-of-the-art Airport Installation to Inspire Dxb Transit Passen... [3794-Views]
Make a style statement on your wrist [3532-Views]
Learn to enhance your body and home energy quotient [3489-Views]
EU Reinforces Position at the Forefront of Global Energy Transformation, Says IRENA [3477-Views]
Fatima Bint Hazza Inaugurates Abu Dhabi Ladies' Club [3361-Views]
Sharjah's Economic Realities Focal Point of Statistics and Community Development Departmen... [3349-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories