Sharm el-Sheikh International Airport

Yield enhancement the key to Jazeera’s 2011 performance

One of the outstanding factors in Jazeera Airways’ turnaround over the past 15 months has been the dramatic jump in the yield levels achieved by the carrier. Having shrunk into profitability, the Kuwait-based carrier has fewer routes and less aircraft but has reported five consecutive quarters of record profits and is set to report its best-ever full-year result for 2011.

At the end of 3Q2011, the carrier reported yields of 52.3 Kuwaiti fils, up 42% over 3Q2010 and a remarkable 91% above 3Q2009 levels. Increasing yields are expected to continue through the final quarter of 2011 and into 2012. This provides a tremendously strong platform for the carrier to develop from, as it puts in place its strategic development plan over the next few years.

easyJet cost cutting and dropping expensive ports remain priorities

Union leaders expressed alarm at easyJet’s decision to stop flying from East Midlands Airport and to scale back its Luton operation, which could threatens about 250 jobs. Up to 1.5 million passengers will be effected by the plan to axe 360 flights a week.

Kuwait and Bahrain: potential twin hubs for Jazeera Airways?

Jazeera Airways’ migration back to a single hub at Kuwait is proving a boon for Kuwait International Airport (KIA), which reported a 25.6% increase in passenger traffic last month. Since the carrier abandoned most of its operations at Dubai, due to regulatory changes, and moved from a dual hub to single hub strategy in 2Q2009, the airport’s traffic has soared, with passenger numbers up by at least 10% each month for the past four months.

easyJet’s June traffic results are reasonable in a difficult market

easyJet’s rolling results for the whole year to 30-Jun-2009 show a healthy increase in overall passenger numbers and seat factors.