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Mon 27 May 2013 01:25 PM

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Kuwait's Jazeera to receive new A320 in June

Airline says delivery from Airbus will bring total number in fleet to 13; two more expected in next year

Kuwait's Jazeera to receive new A320 in June
Marwan Boodai, chairman of Jazeera Airways.

Kuwait-based Jazeera Airways has announced it will take delivery of a new Airbus A320 aircraft next month.

The aircraft will be delivered from the manufacturer's A320 facility in Toulouse, France in early June, bringing the total number in its fleet to 13.

The company has already taken delivery of 12 Airbus A320s since 2005 out of an order of 15 aircraft of the same type.

The company's remaining two aircraft are scheduled for delivery in Q4 of 2013 and 2014, the carrier said in a statement.

The Airbus A320 is the world's best-selling aircraft. There are over 5,500 A320 aircraft in operation by airlines across the world and over 3,900 aircraft scheduled for delivery over the coming years.

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

Last month, Jazeera Airways said it more than tripled its net profit in the first quarter of 2013, making it the best Q1 performance on record.

Revenue of KD14.7m ($51.4m) represented a 15.7 percent increase compared to Q1 last year while net profit rose to KD3.6m, up 229.4 percent, the airline said.

It added that it flew five percent more passengers in the first three months of the year compared to Q1 2012 and load factor reached 70 percent, up 15.2 percent.

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