Kuwait Airways Likely to Report a Loss of $ 282 million

The national carrier of Kuwait, Kuwait Airways has recorded a loss in all but one in the past 21 years costing to more than $ 280 million (80 million Kuwait Dinars). The loss is primarily due to rising costs relating to salaries of crewmembers and maintenance costs.

The airline further mentions to ground ageing aircrafts in their fleet. Two Boeing aircrafts acquired twenty years ago will be stopped due to major technical issues for the past few years. Alarming safety conditions has arisen with repeated malfunctioning issues.

Related Posts

Default Image
TripAdvisor: Losing Credibility or Reaching Popularity

As privileged as it seems to enjoy raving comments on restaurants, places to see, and things to do and places...

6th August 2013 | 0 Comments

Read More
Default Image
Air France launches new ground and in-flight services

The flagship carrier of France has revealed developments to ground and in-flight services. Air France has taken up such an...

30th July 2012 | 0 Comments

Read More
Default Image
A Taj Mahal in Dubai

The most glamorous, extravagant and thriving city in the Middle East is the luxurious city of Dubai. The city erects...

9th October 2012 | 0 Comments

Read More
Default Image
Pearl of the Indian Ocean Travel Infographics

Embed This Image On Your Site (copy code below): Courtesy of: Travel Center UK Flights

22nd March 2013 | 0 Comments

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *