Pursuits
Kuwait Air to Buy 10 Airbus A350s in $4.4 Billion Jet Accord
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Kuwait Airways Co., seeking a return to profit within the next three years, agreed to buy 25 Airbus SAS aircraft comprising 10 A350-900s wide-bodies and 15 short-haul A320neos in a deal worth $4.4 billion at list price.
The A320s will arrive from 2019, followed a year later by the A350s, Kuwait Airways Chairman Sami Al-Nesif said at a press briefing today. The carrier, which also secured five options for each model, will lease 22 planes while it awaits the deliveries.