Jazeera Airways issues January 2012 performance report

Report Summary:
91% on-time performance
#1 airline between Kuwait and Alexandria, Luxor, Aleppo, Assiut, Sohag, Deir Ezzor and Damascus
#1 Kuwaiti airline between Kuwait and Beirut, Amman, Mashhad, Bahrain and Dubai

Freedom Town, Kuwait, 18 March 2012: Award-winning airline Jazeera Airways, the largest airline serving the Middle East out of Kuwait, today issued its January 2012 operational performance report, which showed that the airline has continued to grab leading market shares to destinations it serves.

The January 2012 report showed that the airline operated at a high on-time performance of 91% during the month, making it once again one of the most punctual airlines in the Middle East.

The today-issued report based on data from Kuwait's Directorate General for Civil Aviation (DGCA), showed that Jazeera Airways was the leading airline on the Alexandria, Luxor, Aleppo, Assiut, Sohag, Deir Ezzor and Damascus routes.

Jazeera Airways captured the largest market share on routes operated between Kuwait and five Egyptian cities, grabbing a 36% market share on the Kuwait-Alexandria route, a 45% market share on the Kuwait-Assiut route, a 70% on the Kuwait-Luxor route, and 35% market share on the Kuwait-Sohaj route. The airline also captured a 23% market share on the Kuwait-Sharm El Sheikh route and maintained a 25% market share on the Kuwait-Cairo route.

Jazeera Airways also captured the largest market share to Syrian destinations served with a 41% market share on the Kuwait-Damascus route, a 72% market share on the Kuwait-Aleppo route, and a 86% market share on the Kuwait-Deir Ezzor route.

The report also showed that the airline was also the leading Kuwaiti airline on routes between Kuwait and Beirut, Amman, Mashhad, Bahrain and Dubai.

Jazeera Airways grabbed a 32% market share on the Kuwait-Amman route, a 32% market share on the Kuwait-Beirut route, a 10% market share on the Kuwait-Bahrain route, and a 16% market share on the Kuwait-Dubai route.

-Ends-

About Jazeera Airways:
Established in 2005, Jazeera Airways Group is a Kuwait Stock Exchange-listed company with over 12,000 shareholders. The company has 12 fully-owned Airbus A320s in operation, distributed between its airline business, Jazeera Airways (six aircraft), and its fully-owned leasing business, Sahaab Aircraft Leasing (six aircraft). Sahaab has assets placed with Virgin America, SriLankan Airlines, and Jazeera Airways.

In 2011 the airline carried 1.2 million passengers in total across its network that includes today high-demand business, leisure, family, and weekend destinations such as Dubai, Bahrain, Beirut, Alexandria, Amman, Damascus, Istanbul, Sharm El Sheikh, Assiut, Aleppo, Deir Ezzor, Luxor, Mashhad, Sohag, Jeddah, Riyadh and Cairo.

Jazeera Airways is an IATA member airline and operates one of the youngest Airbus A320 fleet in the Middle East.

For more information: jazeeraairways.com.
Reporters may contact:
Fawaz Al-Sirri: +965 (6) 6622448 / fawaz@bensirri.com