Printer Friendly

Kuwait Airways grounds ageing jets.

KUWAIT CITY: Kuwait Airways has decided to ground several ageing planes for repeated malfunctions, KAC chief Salem Al Othaina was quoted as saying in report yesterday.

Othaina told newspaper that "initially three to five planes" would be grounded this week "in prelude to take new decisions to ground further aircraft."

The state-owned carrier has a fleet of 15 Airbus and two Boeing aircraft that were acquired about 20 years ago and have encountered many technical problems in the past few years.

"Safety conditions have deteriorated because of repeated malfunctions in some planes which necessitated taking such a decision," said Othaina, who is also Kuwait's communications minister.

Kuwait's parliament passed a law in January 2008 to privatise the loss-making carrier but the government in October put the brakes on the plan and agreed instead to restructure KAC after private buyers offered a low price.

International firms have valued the assets of Kuwait Airways at 220 million dinars ($800 million).

(Follow timesofoman.com on Facebook and on Twitter for updates that you can share with your friends.)

Muscat Press and Publishing House SAOC 2012

Provided by Syndigate.info an Albawaba.com company
COPYRIGHT 2012 Al Bawaba (Middle East) Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2012 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Times of Oman (Muscat, Oman)
Date:Jul 9, 2012
Words:190
Previous Article:Egypt offers $1.1b in T-Bills.
Next Article:BankMuscats rights issue opens today, closes July 23.
Topics:

Terms of use | Privacy policy | Copyright © 2022 Farlex, Inc. | Feedback | For webmasters |