INSEAD Day 4 - 728x90

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Agthia profit, dividend jump

Transformation lifts earnings, cash generation.

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

Jazeera airways to buy 28 Airbus aircraft for $3.4bn

A file picture of a Jazeera plane taxing to take off.
  • The airline also signed another agreement to purchase two aircraft engines with an accumulated worth of $32.3 million to aid the firm’s operations
  • The airline said that while there is no current financial impact on its operations, both agreements are anticipated to bring about a positive impact on the corporation

Jazeera Airways of Kuwait has placed an order for 28 Airbus aircraft worth $3.4 billion, according to media reports.

The airline also signed another agreement to purchase two aircraft engines with an accumulated worth of $32.3 million to aid the firm’s operations, Al Rai reported, citing a disclosure published on the Kuwait Stock Exchange website.

The airline further clarified that while there is no current financial impact on its operations, both agreements are anticipated to bring about a positive impact on the corporation in the medium and long term.