Could Jazeera Airways, a small and nimble carrier, come to the rescue of Kuwait Airways?
In the Middle East, it may be impossible to find two carriers sharing a common hub that are more different than Jazeera Airways and Kuwait Airways. One is privately owned, nimble, low cost and highly profitable.
The other is government owned, suffering from decades of losses and burdened with overstaffing and bureaucratic detritus. However the future for both carriers may about to become linked. Jazeera Airways chairman Marwan Boodai has announced that the carrier is definitely interested in purchasing a stake in the national carrier once it launches its long delayed IPO.
In doing so, the small Jazeera may just provide a lifeline to the larger Kuwait Airways.
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