Airbus confirmed on Monday that Kuwait Airways had signed a provisional agreement to buy 25 new aircraft in the biggest overhaul of its fleet since the 1990 Iraqi invasion.
The Kuwaiti flag carrier plans to buy 10 A350-900 and 15
Kuwait Airways may issue bonds or sukuk to finance a deal with Airbus to buy 25 new aircraft and lease 12 other new planes, the biggest overhaul of its fleet since the 1990 Iraqi invasion, an adviser to the airline said on Tuesday.
Kuwait Airways has signed a contract with Airbus to buy 25 new aircraft and lease 12 other new planes in the biggest overhaul of its fleet since the 1990 Iraqi invasion, the state-owned carrier said.
"The company will start t
Planemakers left Dubai with a record $200 billion in deals after a desert rainstorm forced organisers to cancel the last day of its air show - an event that demonstrated their growing reliance on the Gulf to secure support for big jets.
The aerospace unit of Abu Dhabi investment fund Mubadala is targeting acquisitions in the United States to expand its manufacturing capabilities after securing billion-dollar contracts at the Dubai Airshow, the company said.
Airbus has won a total of 160 orders and commitments worth $44 billion at the Dubai Airshow, which concluded today (November 20).
The A380 and A350 XWB in particular, were demonstrated to be spot-on with customer requirements and
Emirates' whopping order for 50 of the world's biggest jets should end doubts about the A380 that have tested the nerve of manufacturer Airbus, the airline's chief said -- adding it was so sure of filling the planes it might have bou
Airbus has signed a memorandum of understanding with Algeria's national carrier Air Algerie to sell three A330-200 passenger aircraft, the European planemaker said on Tuesday.
No value was provided for the deal.
Airbus and Boeing signed deals to buy some $5 billion of parts and materials from Abu Dhabi on Monday, in a sign Gulf states are seeking a reciprocal boost to their economies from the huge orders they have placed with the planemakers.
Gulf airlines splashed out nearly $200 billion on new planes on day one of the Dubai Airshow, underscoring a shift in power in the aviation industry and giving a boost to the formal launch of Boeing's newest jet, as well as to Airbus's A