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1. Jazeera Airways Acquires Sahaab Aircraft Leasing
Jazeera Airways Acquires Sahaab Aircraft Leasing. Jazeera Airways has acquired Sahaab Aircraft Leasing, a private aircraft leasing firm established in late 2008, for KD25.6 million. The acquisition gives Jazeera Airways a platform to pursue strategic vertical integration initiatives lined up for 2010 and 2011 that include an airline acquisition and access to global leasing markets.
2. Jazeera Airways Revises Airbus Order
Jazeera Airways Revises Airbus Order. Jazeera Airways Group, parent company of Jazeera Airways and Sahaab Aircraft Leasing, has said it is expecting to receive four brand new Airbus A320s between 2012 and end of 2014 as part of the airline’s fleet modernization program. The airline had already taken delivery of one A320 in January 2010 as part of this order.

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