Airbus officially picked by Kuwait Airways
The airline, for an order of 25 new planes, would pay a whopping $2.98 billion.
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The airline, for an order of 25 new planes, would pay a whopping $2.98 billion.
May 15, 2013 5:14State-run Kuwait Airways will spend 850 million dinars ($2.98 billion) on 25 new Airbus jets and aims to lease a further 13…
May 12, 2013 4:16Around 3,000 customs workers also went on strike at Kuwait's borders and ports last week with similar demands for higher pay. The airline's 4,000 unionised workers last walked out in October and were able to secure a 30 percent pay rise, according to figures quoted in local media.
March 19, 2012 1:26State carrier Kuwait Airways cancelled nine flights late on Saturday after a walkout by employees calling for higher pay, the company's managing director said.
March 18, 2012 11:14Struggling airline to restructure operations; Committee says completed review of bids; Airline was eyeing $280 million privatisation
October 30, 2011 3:09With Kuwait Airways’ stake sale likely to be the first privatisation of a Gulf-owned carrier (if anyone actually shows interest), Kipp looks at what could have happened that has led the airline to its downward spiral.
August 4, 2011 11:50Kuwait Airways seeking investor for $280 mln stake sale; Airline offering 35 pct of its share capital; Limited interest seen-analysts
August 2, 2011 11:49Friction between Kuwait Airways Corp and Iraqi Airways continue with Kuwait seizing Iraq assets.
May 29, 2011 9:50The A300 is a short- to medium-range widebody jet liner.
December 30, 2010 4:18Parliament approved plan to privatise it in 2008.
August 15, 2010 3:07With Saudi Arabian Airlines edging closer to full privatization, other state-owned Gulf carriers – which face increasing competition from ‘budget’ operations – look set to follow.
March 23, 2010 2:42