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Kuwait Airways Corporation to buy 30-60 aircraft post-privatisation

6-Nov-2009 11:53 AM

Kuwait Airways Corporation (KAC) Managing Director, Hamad Al-Falah, reportedly announced the carrier plans to purchase from 30 to 60 aircraft and alter its organisational structure, following the carrier’s privatisation (KUNA, 05-Nov-2009). Mr Al-Falah reportedly stated a report on its privatisation was recently returned to the carrier from the Audit Bureau to the Finance Ministry, which will subsequently submit a report to Cabinet for approval of the privatisation process.