Jazeera Airways has cancelled orders for 25 Airbus A320 jets worth an estimated US$2.12 billion (Dh7.7bn) at list prices, citing overcapacity in the market.
The order significantly reduces the Kuwaiti budget airline's growth plans and is the second indication of trouble in the country's aviation market, after Wataniya Airways ceased commercial operations last month.
"The decision to resize our fleet is the right decision for Jazeera Airways at the time being, given the......
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