Kuwait Airways A320. Photo: By Rob Finlayson. The Kuwaiti government launched the privatization of struggling flag carrier Kuwait Airways, putting up for sale 35% of the carrier's KWD220 million ($806.8 million) share capital. The 35% stake in the new Kuwait Airways Co. (KACNew) is not open to "Kuwaiti domiciled airline operators," the Privatization Committee of Kuwait Airways (PrivComm) said in a statement, detailing that only  joint-stock companies listed on the ...

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