| Kuwait to launch budget airline |
| Economy | |
| By Agencies | |
![]() Kuwait's first private low-fare airline - Jazeera Airways - plans to take to the skies on 16 November after receiving two Airbus A320 planes it ordered last year, the company's president has said. "We are proud to announce that the official launch of the airline will be late October per schedule and we are currently taking bookings for flights on 16 November and beyond," Jazeera Airways chairman and CEO Marwan Boodai said on Monday. The airline's operation includes daily flights to Dubai, Beirut, Damascus, and Manama, and three flights a week to Amman. The company will receive two planes next month and another two A320s next June, Boodai said. Cheap flights The airline was established in May 2004 as a shareholding company, founded by Boodai Group, a leading Kuwaiti business group which has key investments in media, transport and aviation sectors. The Kuwaiti government decided in November 2003 to open up the domestic aviation sector to competition by allowing the private sector to establish low-fare passenger and cargo airlines to compete with the state-owned loss-making Kuwait Airways Corporation (KAC). A second private aviation company for cargo is being established. The decision came after the Gulf Arab emirates of Sharjah and Abu Dhabi in 2003 began operating no frills carriers. Kuwaiti lawmakers have, however, strongly criticised the decision, arguing it would adversely affect the value of the national flagship carrier. KAC has incurred a loss almost every year in the past decade and its total accumulated deficits have reached hundreds of millions of dollars. Tags: Economy Kuwait to launch budget airline |
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