Kuwait Airways reported a loss of KWD23.8 million ($82 million) for the year ended March 31, narrowed more than 40% from a KWD39.9 million loss in the 2004-05 financial year, the state Kuwait News Agency reported. Revenues rose 14.1% to KDW250.8 million while expenses climbed 5.9% to KDW274.7 million driven by increasing fuel and maintenance costs, the airline said. Chairman Sheikh Talal Mubarak Abdullah Al-Ahmad Al-Sabah told KUNA that the carrier's status as a state-owned enterprise does ...

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