Boosted by a sharp increase in passengers, Kuwaiti hybrid airline Jazeera Airways posted a 2018 net profit of KD8.7 million ($28.6 million), up 5.7% compared to a net income of KD8.2 million in 2017. The airline carried 2 million passengers in 2018, a 42.8% increase year-over-year (YOY), and load factor was up 1.3 points to 75.2%. Operating revenue rose 45.5% YOY to KD82.4 million compared to KD56.6 million in the previous year. Fuel prices climbed 30% YOY, with Brent crude reaching a ...

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