Kuwait’s privately owned Jazeera Airways is bidding for a stake in government-owned Kuwait Airways as part of the privatization process.  Jazeera has formally submitted a letter of intent to acquire 35% of Kuwait Airways, which is being privatized by the government of Kuwait. The 35% stake is the maximum allowed by a single private investor as stipulated under the privatization rules. Jazeera Airways chairman Marwan Boodai said: “Today, we launch our bid for the ...

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