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

The Battle of Verdun

Verdun is located in Northeast France, on the banks of the Meuse River. Sadly, it is mostly remembered throughout history...

Budapest – Thermal Springs

Many people might ask why visit Budapest? Well, certainly I can tell a number of reasons; including all I’ve experienced...

Vermont – The suite of the Seasons

I once read a poem on the beauty about Vermont, in which the poet states “At times there’s a luxury...

Travel Weekly Face to Face with PS Kang

The chairman of £120m turnover agency tells Lucy Huxley the time has come to branch out into full-blown holidays Occasionally,...

Leave a Reply

Your email address will not be published.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