Airline
Jazeera Airways posts loss for 2009
March 29 - Kuwaiti-based low-cost carrier, Jazeera Airways, has posted a loss of $28.5 million for 2009 as compared to a net profit of $15.6 million in 2008. The company said the losses were the result of the recession. The airline’s assets rose $256 million at the end of last year compared with $253.5 million in 2008, as reported on the Kuwait Stock Exchange’s website.
Shareholder equity dropped sharply to $67.7 million last year from $96.2 million at the end of 2008. Jazeera, which began operations in October 2005, has 11 Airbus A320s and flies to about 25 destinations in the Middle East and Asia as well as Turkey at highly reduced fares. It has ordered a further 29 Airbus A320s.
More Airline
Latest Travel News
Featured Sights To See
Castell de Montjua
Barcelona, Spain
A fortress built in the 17th century with additions in the 18th, which was used as a prison where several political prisoners were executed. It is now used as a Communication Tower for the Anella Olafampica. ...
Rajai Park
Isfahan, Iran
Address: located within Hasht Behisht complex. A small public park that is full of avid chess players, leisure walkers, and chatty locals on evenings, providing an ideal space for intermingling with the locals, or just watching casual life in Isfahan roll along. The park contains colorful verities of local flowering shrubs and soothing bodies of water, and is a very relaxing experience after a ...
What to do with Children in Tow
Amsterdam, Netherlands
Kids have many things to see and do when in Amsterdam: ARTIS ZOO Founded in 1838, the Artis Zoo is one of the largest in Europe. It is home to 700 animal species and 200 tree varieties, many on the verge of extinction. Artis is also one of the fewest zoos in Europe that has famous historical buildings [the Large Museum (1855), the unique Library building (1867) and the Aquari...
The Hong Kong Cultural Centre
Hong Kong, China
The Hong Kong Cultural Center is located on Salisbury Road in the South western tip of Tsimshatsui of Kowloon district. This is the center to visit for a variety of cultural experiences. The Hong Kong Philhamornic Orchestra is based out of the concert hall which can accommodate 2,019 people. This two tiered structure is done in oak and has incredible acoustics. It has an 8000 pipe organ which is A...