Jazeera Airways narrows Q1 loss on customer service, network investments
Jazeera Airways has attributed an improvement in the traditionally weak Q1 figures to a combination of investments in improving passenger experience, a growing route network and higher asset utilisation. The airline booked a net loss of KD0.3m (US$1m), a 67% improvement on a loss of KD0.95m a year ago. Turnover was markedly up—by almost 43% to KD14.3m. Ancillary revenues grew 35%; in 2017 as Jazeera announced plans to reduce its traditionally large free luggage allowance for most passengers to 30kg and introduced paid-for on-board food and drink. Q1 passenger numbers were up 43% year-over-year to nearly 404,000, while load factor increased to 75.8% from 71.9% in the year-ago quarter. Aircraft utilisation jumped 25.7% YOY to 11.8 hours compared to Q1 2017. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-05-01/unaligned/jazeera-airways-narrows-q1-loss-on-customer-service-network-investments
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Jazeera Airways narrows Q1 loss on customer service, network investments
Jazeera Airways has attributed an improvement in the traditionally weak Q1 figures to a combination of investments in improving passenger experience, a growing route network and higher asset utilisation. The airline booked a net loss of KD0.3m (US$1m), a 67% improvement on a loss of KD0.95m a year ago. Turnover was markedly up—by almost 43% to KD14.3m. Ancillary revenues grew 35%; in 2017 as Jazeera announced plans to reduce its traditionally large free luggage allowance for most passengers to 30kg and introduced paid-for on-board food and drink. Q1 passenger numbers were up 43% year-over-year to nearly 404,000, while load factor increased to 75.8% from 71.9% in the year-ago quarter. Aircraft utilisation jumped 25.7% YOY to 11.8 hours compared to Q1 2017. <br/>
