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Jazeera Airways’ operating profit soared 22.9 percent year-on-year to KWD2.2 million (USD7.29 million) in the second quarter of this year (Q2), while its net profit reached KWD2.3 million (USD7.62 million), a rise of 18.1 percent.

The carrier’s best quarter since Q2 2009 was attributed to higher utilisation, improved network planning as well as strong travel demand.

Compared to Q2 2016, load factor rose 1.5 percent to 73.3 percent, while operating revenue jumped 9.5 percent to KWD14 million (USD46.4 million).

Despite this success, slowing macro economy and overcapacity in the first quarter resulted in a 77.3 percent decrease net profit during the first half of the year, to KWD1.2 million (USD3.98 million).

Both operating revenue and operating profit also fell, down 2.4 percent and 65.2 percent, respectively.