20 November 2017

Industry Review


Clear sky ahead
February 2006 9

THE Kuwait Airways Corporation has announced two new plans to modernize its fleet in collaboration with specialized international companies.

The corporation plans to buy between eight and 12 Boeing and Airbus aircraft within the next seven months as part of updating its fleet.
Despite increases in fuel and operations costs, the airline saw an increased revenue of 13 per cent in 2005 as compared to 2004. The airline has been talking up privatisation for awhile now, touting it as the most effective way of dealing with its debts, the major portion of which it had settled up by the end of 2005.
Kuwait Airways has increased its weekly frequencies: it flies to India 25 times a week, to New York thrice direct and thrice via London, as well as direct flights to Rome and Paris. It runs 11 services weekly to Cairo. From April 2006, the airline will fly daily to New York and make more connections to Cairo, Jeddah and Beirut; and Jakarta, Colombo, Bangkok and Manila in the Far East. New routes being planned include Canada, and China with Beijing and Shanghai under consideration.
The company has said online booking services would start early 2006.

Brand: Kuwait Airways




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