Kuwait Jazeera Airways sets up service with foreign partner
(MENAFN) Kuwaiti low-cost carrier Jazeera Airways could launch service with a foreign partner as a substitute to buy a stake in national carrier Kuwait Airways.
Moreover, Kuwaiti Airways 'privatization was approved in 2008, and both Jazeera and logistics company Agility expressed an interest in buying a stake."
However, Kuwait Airways 'weak finances and official hurdles postponed the process, while the carrier is recently in the midst of a building aimed at returning it to profit.
Jazeera recently only has short-haul local operations and buying into the national carrier would give it contact to the more profitable long-haul market.
Moreover, Kuwaiti Airways 'privatization was approved in 2008, and both Jazeera and logistics company Agility expressed an interest in buying a stake."
However, Kuwait Airways 'weak finances and official hurdles postponed the process, while the carrier is recently in the midst of a building aimed at returning it to profit.
Jazeera recently only has short-haul local operations and buying into the national carrier would give it contact to the more profitable long-haul market.
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