Aviation
Kuwait Airways Said to Seek $350 Million Loan to Pay for Planes
Kuwait Airways Corp. is seeking a $350 million loan that will help the Gulf carrier pay for planes, people with knowledge of the deal said.
The state-run airline is talking to banks to raise a five-year facility, said the people, asking not to be identified because the information is private. It’ll be used to make early payments for narrow-body jets, they said.
Kuwait Airways has 15 Airbus SE A320neo narrow-body planes on order as well as eight A330neos, five A350s plus 10 Boeing 777s. It currently has a fleet of 17 planes, according to information on its website.
A spokesman for Kuwait Airways didn’t immediately respond to a request for comment.
-
Insurance2 months agoSupporting Community Wellness: Liva Insurance Sponsors Muscat Marathon 2026 with Free Health Checkups
-
Dossier2 weeks agoDossier, 2026
-
Interviews2 months agoEXCLUSIVE INTERVIEW: TLS Rebranding Marks Strategic Leap Toward Innovation, Sustainability & Growth
-
Insurance1 month agoLiva Insurance Supports Community Wellness Through “Experience Oman – Muscat Marathon 2026”
-
Banking & Finance2 weeks agoNational Finance Unveils Exclusive Ramadan Offers on Auto Financing
-
Investment4 weeks agoLalan Inaugurates Its First Overseas Manufacturing Facility, Marking Sri Lanka’s First Investment in SOHAR Freezone
-
OER Magazines1 month agoOER, January 26
-
Food & Dining4 weeks agoGrand Millennium Muscat’s exclusive Ramadan Iftar and Suhoor Experiences

You must be logged in to post a comment Login