INDIA & MIDDLE EAST: Wataniya Airways ceases operations

Kuwait’s Wataniya Airways has ceased all of its operations citing its current financial situation, lack of fair trade requirements in the local market, as well as the difficult political and security situation in the region. The Kuwaiti carrier turned in losses of KD14.1 million (US$50.8 million) for the full year 2010, which came on top […]


Kuwait’s Wataniya Airways has ceased all of its operations citing its current financial situation, lack of fair trade requirements in the local market, as well as the difficult political and security situation in the region. The Kuwaiti carrier turned in losses of KD14.1 million (US$50.8 million) for the full year 2010, which came on top of losses amounting to KD10.9 million, on revenues of KD22 million, in the previous year. Kuwait’s other two carriers – Jazeera Airways and Kuwait Airways – are continuing to operate.