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Kuwait Airways signs Airbus dealState-owned Kuwait Airways said it had signed an initial agreement with Airbus to buy 25 new aircraft and take an option on 10 more in the biggest overhaul of its fleet since the 1990 Iraqi invasion. The order for the new planes w More… |
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Airbus offer 'best for Kuwait Airways'Kuwait's state-owned Kuwait Airways has picked Airbus to provide new jets because its proposal was the best value for money, the country's transport minister was quoted as saying on Wednesday. Kuwait Airways would pay arou More… |
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Kuwait Airways to sign $3bn Airbus dealState-run Kuwait Airways will spend KD850 million dinars ($2.98 billion) on 25 new Airbus jets and aims to lease a further 13 to upgrade its ageing fleet, a Kuwaiti newspaper reported on Sunday. Daily Al-Watan cited sources close More… |
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Kuwait parliament approves airline privatisationKuwait's parliament approved an amended draft law on Wednesday paving the way for the long-overdue privatisation of Kuwait Airways, state-run news agency Kuna reported. Parliament first back More… |
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Kuwait Airways strike cuts more flightsState-run Kuwait Airways cancelled more flights on Sunday as a strike by workers calling for better pay went into a second day, in the latest round of industrial action to hit the state. The carrier was forced to cancel seven flights on Su More… |
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Strike halts Kuwait Airways flightsState carrier Kuwait Airways cancelled nine flights late on Saturday after a walkout by employees calling for higher pay, the company's managing director said. The airline workers join around 3,000 striking customs employees at the cou More… |
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Kuwait delays airline privatisationState-owned Kuwait Airways has delayed plans to privatise the airline and will now push ahead with the restructuring of the ailing carrier, a committee formed for the privatisation plan said on Sunday. More… |
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Kuwait Airways staff end strikeEmployees of national carrier Kuwait Airways ended their strike on Monday, and air traffic returned to normal operations at the airport, Kuwait's state news agency said. About 4,000 workers of the state-owned carrier went on strike ear More… |
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Agility stocks soar on Kuwait carrier bid talksKuwait's logistics operator Agility surged to a five-week high following media reports that the company has formed an alliance to compete in a bid for a $280 million stake sale to privatise state-owned Kuwait Airways. The stocks jumped 9. More… |
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Kuwait Airways stake sale 'faces challenges'After two decades without profit, Kuwait Airways is seeking to off-load a 35 percent stake to a strategic partner. But the privatisation might not be a runway success, say analysts. The hope is that this could allow the company to tur More… |
