-
November 7, 2017
Entry of Kuwait’s Jazeera Airways into the Indian market – will the move fly?
Jazeera Airways Snapshot Type Scheduled Airline Base Kuwait Aircraft 7 Destinations 18 Routes 17 Daily Flights 23 Source: ch-aviation Why Jazeera entered the Indian aviation industry? Low oil prices for the past couple of years have generally led to surging profits in aviation industry globally as spending on fuel, the major component of cost structure, dropped sharply. However, it is a game of double-edged sword in the context of Gulf airlines. Lower fuel costs...