September 24, 2017 3:11 AM ET

Airlines

Company Overview of Kuwait Airways Corporation K.S.C.

Company Overview

Kuwait Airways Corporation K.S.C. operates an international airline that connects the Kuwait economy and society with the world. It operates a fleet of aircraft for visitors and tourists for annual shopping festivals, promoting tourism in Kuwait. The company offers various types of services from the moment passengers arrive at Kuwait International Airport, be it arrival or departure; onboard services, which include passenger comfort, entertainment, safety and security, and menus and the menu service; support services for special needs passengers; and membership services for international travelers that offer privileges of miles, discounts, etc. It serves business and leisure travelers. Kuwai...

Kuwait Airways Company Building

Al Dajeej Farwaniya Area

Safat

Kuwait City,  13004

Kuwait

Founded in 1954

Phone:

965 434 5555

Fax:

965 431 6581

Key Executives for Kuwait Airways Corporation K.S.C.

Chief Executive Officer and Director
Director of Finance Department
Director of Operations Department
Assistant Finance Director of Treasury
Secretarty of Board Members
Compensation as of Fiscal Year 2017.

Kuwait Airways Corporation K.S.C. Key Developments

Kuwait Airways and ALAFCO Formalize Sale and Leaseback Deal For 4 B777-300ER Aircraft

Kuwait Airways Company and ALAFCO Aviation Lease and Finance Company have signed an initial agreement for the sale and leaseback of four Boeing B777-300ER aircraft for a lease term of twelve years. This agreement is beneficial to both companies, and will make available funds that KAC will utilize to take delivery of the remaining three of four new B777-300ER aircraft from the Boeing Company. Kuwait Airways will take delivery of one aircraft per month from June to August 2017. Entering into this sale and leaseback arrangement will enable KAC to diversify its sources of funding and strike a balance between financing and leasing of the Boeing B777-300ER fleet.

Kuwait Airways Appoints Ebrahim Abdullah Al-Khuzam as New CEO

Kuwait Airways has appointed Ebrahim Abdullah Al-Khuzam as its new CEO, taking over from Rasha Al-Roumi, who resigned in April 2017. Formerly MD of AREF Investment Group KSCC, advisor to the chairman of Kuwait Finance House and GM of telco Zain, Al-Khuzam was announced one of the newly appointed board members of Kuwait Airways in the wake of Al-Roumi's resignation, and will now take on the additional role and duties of the CEO.

Kuwait Airways to Start New Muscat-Kuwait Flight

Kuwait Airways will start operating five flights a week between Muscat and Kuwait, which will be connected to various destinations in India and the sub-continent, Middle East, far East and Europe. Kuwait Airways will add a new flight between Muscat and Kuwait from April 2.

Similar Private Companies By Industry

Company Name Region
Kuwait Airways Corporation K.S.C. Middle East/Africa
Kuwait National Airlines Co Middle East/Africa
National Aviation Company Middle East/Africa
Wataniya Airways Middle East/Africa
Aqeeq Aviation Holding Co. Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Tax Management Inc United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Kuwait Airways Corporation K.S.C., please visit www.kuwaitairways.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.