Jazeera Airways Group has increased the capital of its fully-owned leasing arm, Sahaab Aircraft Leasing. It has increased the capital in the leasing arm from KD 20 million ($70-9 million) to KD 29 million ($102.8 million) to take advantage of new market opportunities. Sahaab Aircraft Leasing, launched in October 2008, was acquired by Jazeera Airways in February 2010 as part of the Group’s vertical integration strategy of investing in services that compliment passenger airline operations. Group Chairman Marwan Boodai said: “Sahaab’s acquisition brought immediate benefits to our business as planned, such as consistent and stable revenue streams as well as

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