Jazeera Airways grows market share on leading summer destinations in June, July and August 2011

Freedom Town - October 11, 2011 -- Jazeera Airways, the largest airline serving the Middle East from Kuwait, announced today it has captured a higher market share on leading summer destinations in 2011 compared to its record performance of summer 2010. The results were part of the airline's operational performance report for the 2011 summer season, which covered the months of June, July and August.

The report shows that the airline had grown its market share on the Beirut Route, the Luxor route, the Sharm El Sheikh route, the Jeddah route, and even the Damascus route despite the political unrest in Syria.

Report highlights:

- Lebanon market share was 34%, up by 10% from summer 2010

- Damascus market share was 49%, up by 20% from summer 2010

- Luxor market share was 82%, up by 24% from summer 2010

- Sharm El Sheikh market share was 68%, up by 17% from summer 2010

- Jeddah market share was 17%, up by 2% from summer 2010

As for the newly launched Cairo route that was launched on May 18, the airline reported that it had captured a 30% market share by July.

Jazeera Airways VP for Revenue Management and Network Planning, Martin Aeberli, said "We are glad to report higher market share on key summer routes. Even more so, we are especially excited about getting almost one third of the Cairo-Kuwait market with just 10 weeks of operation. For that we have no one else to thank but our travelers for continuing to make Jazeera Airways part of their travel plans."

The airline also reported it achieved an on-time performance of 90.2% and carried over 344,000 travelers during the summer season, bringing the total number of flown passengers for the year until August 31 to over 780,000 people.



-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 11 fully-owned Airbus A320s in operation, distributed between its airline business, Jazeera Airways (6 aircraft), and its fully-owned leasing business, Sahaab Aircraft Leasing (5 aircraft). Sahaab has assets placed with Virgin America, SriLankan Airlines, and Jazeera Airways.

In 2010 the airline carried 1.3 million passengers in total, or 15% of Kuwait International Airport

passengers, on 14,156 flights across its network that includes 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.

For more information: jazeeraairways.com.

Reporters may contact:
Leslie Mouawad
+ 965 9991334
leslie@bensirri.com

© Press Release 2011