MIDDLE EAST: Kuwait Airways to lease planes

State-owned Kuwait Airways plans to lease as many as fi ve aircraft by June to expand its fleet, reported Reuters, citing an unnamed company official. The Kuwaiti government is planning to sell 40 per cent of the airline to the public and 35 per cent to a long-term investor within two years, and has said […]


State-owned Kuwait Airways plans to lease as many as fi ve aircraft by June to expand its fleet, reported Reuters, citing an unnamed company official.

The Kuwaiti government is planning to sell 40 per cent of the airline to the public and 35 per cent to a long-term investor within two years, and has said it will not buy new planes until the privatisation was complete. The carrier currently has 17 aircraft in its fleet.