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ALJAZEERA AIRWAYS GROUP - Essay Example

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The company is fortunate in that its customers and employees operate on a modern technology to enhance natural travel and customer assistance…
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ALJAZEERA AIRWAYS GROUP
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"ALJAZEERA AIRWAYS GROUP"

Download file to see previous pages The company’s profit have been increasing slowly throughout the years, and this can be clearly seen as from the year 2010 its average yield have been increasing until 2013 the yield is still elevating. This is a clear indication that the years to come the company average yield will still continue to grow. The company operates on a revenue of KD 65.6 million, this can be said to be its budget, out of this budget the company makes an operating profit of worth KD 20.6 million, after all the expenses have been catered for the company remains with a net profit of KD 16.7 million which can be shared among its shareholders and payment of its employees (Dron and Alan 2013).
The company performance have been increasing slowly by slowly hence this has made the company to outdo other flight companies, this can be seen as from the year 2011, the performance of the company was at equilibrium with other companies that offers the same service. When it came to the year, 2012 the company’s production increased by 9% making it be at 59% from 50% the equilibrium level. In the year 2013 when the financial report was being released it was noted that the company’s performance had increased further by 16%, unlike other companies that have been depreciating in the level of their performance. According to me, Jazeera Airways Group is better off than other companies, this is because it is making the spontaneous increase in production and profit from the year 2011 to the year 2013. Its performance is magnificent and encouraging.
The revenues that Jazeera Company had at the end of the financial year 2013 was 78%. The year 2012 the company made a profit of 76% showing an increase of 2% of income. This is an indicator of the increase in performance hence it can be said that the company made a positive profit increase. The company has also been, making a net ...Download file to see next pagesRead More
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