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Kuwait Airways to sell the 40% stake
Madinat al-Kuwait, Kuwait - In search for a strategic investor

Kuwait Airways, the Persian Gulf country's unprofitable national carrier, will sell a 40% stake to the public to fund an expansion. The airline will offer an additional 35% of its shares to a strategic investor and 5% to employees, with the government keeping the remainder. The strategic investor can be a listed Kuwaiti company or any other foreign entity. No local airline can bid for the strategic...
AVIONEWS - World Aeronautical Press Agency - 1086754
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency