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Jazeera Airways makes net loss of over $10m

12 April 2011

Marwan Boodai, chairman of Jazeera Airways has said the low-cost airline made a net loss of KD2.8m ($10.13m) in 2010 but aims at posting profit in each quarter of 2011, Reuters has reported. Meanwhile, the carrier is expected to start flights to Egypt's capital in May, he said. "We were deprived for years from operating flights to Cairo airport, which is considered one of the most important regional destinations," Boodai said.

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