Kuwait's Jazeera takes delivery of new A320

Delivery is second to be funded by airline's $900m loan facility signed earlier this year

Marwan Boodai, chairman of Jazeera Airways.

Marwan Boodai, chairman of Jazeera Airways.

Kuwait-based Jazeera Airways Group has taken delivery of a new Airbus A320 aircraft, bringing its total fleet number to 14 aircraft.

The new aircraft was placed into operation after it left the manufacturer's A320 facility in Toulouse, France, on Friday.

The plane is the second to be delivered out of three funded by a $900m loan provided by the National Bank of Kuwait (NBK) and DVB Bank.

Marwan Boodai, Jazeera Airways Group chairman, said: "The new aircraft will be placed in operation for the passenger airline business Jazeera Airways. Having one of the Middle East's youngest fleets is a core component to our customer offering."

The new aircraft is part of the airline's growth strategy to operate new and modern aircraft, and to take on new aircraft deliveries until 2014.

To date, the company has taken delivery of 14 Airbus A320s since 2005 out of its order of 15 aircraft of the same type. The company's remaining aircraft from its current order is scheduled for delivery in May 2014.

The Airbus A320 is the world's most-selling aircraft. There are 3,264 A320 aircraft in operation by airlines across the world and over 3,446 aircraft scheduled for delivery over the coming years and another 6,468 in order.

Jazeera Airways serves 19 destinations in the Middle East from Kuwait such as Dubai, Bahrain, Beirut, Alexandria, Amman, Istanbul, Sharm El Sheikh, Assiut, Luxor, Mashhad, Sohag, Jeddah, Riyadh, Cairo and Al Najaf.

Related:
Companies
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

NOTE: Comments posted on arabianbusiness.com may be printed in the magazine Arabian Business

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Further reading

Features & Analysis
After all the hype, what's the future for Hyperloop One

After all the hype, what's the future for Hyperloop One

Los Angeles-based Hyperloop One may have struck a deal this month...

1
Focus: Gulf airlines face looming growth threat from 'protectionist' Trump government

Focus: Gulf airlines face looming growth threat from 'protectionist' Trump government

Election of Donald Trump, one-time owner of now-defunct East...

4
Smart move: Automated transport in the Gulf

Smart move: Automated transport in the Gulf

In a few short years how we get from A to B will be dramatically...

1
Most Discussed
  • 17
    Countdown to VAT: are Gulf businesses ready?

    I feel with VAT in place from 2018, retailers, SMEs will figure out ways of Tax-evasion as it happens in most of the developing economies unless authorities... more

    Tuesday, 14 February 2017 1:10 PM - Diya Pardasani
  • 15
    Dubai likely to lose 'shopper's paradise' status: S&P

    It's no longer a shoppers paradise. Maybe for the ignorant few but with the availability of the internet to compare prices worldwide one doesn't need to... more

    Monday, 20 February 2017 1:25 PM - Syed
  • 10
    Dubai real estate: which way will it go?

    well the mortgage rates are going to go up even more as the US will increase rates so the central bank here will also have to increase proportionately... more

    Wednesday, 15 February 2017 1:28 PM - Bill
sponsoredTracking