Submit Press release  eTN Team ·  Advertising  ·  eTN Awards  - Worldtourism Events    

Kuwait Airways

Iraq agrees to pay Kuwait Airways $300 million

AP  Jan 26, 2009

BAGHDAD (AP) — The Iraqi government says it will pay $300 million in compensation to Kuwait Airways Corp. for claims related to Saddam Hussein's 1990 invasion of the neighboring emirate.

Government spokesman Ali al-Dabbagh says the Iraqi Cabinet "approved a final and comprehensive settlement" on Sunday.

He says Iraq's Justice Ministry will handle the payments.

But a spokesman for the state-owned Kuwaiti airline says the payment is by no means a "final" settlement. Adel Bourisli said Monday that the airline's total claim is $1.3 billion including interest.

The claim is part of Kuwait's efforts to force Iraq to pay reparations for the 1990 invasion that led to the 1991 Gulf War. Kuwait Airways has demanded compensation for aircraft and equipment stolen during the Iraqi invasion.

Iraq agrees to pay Kuwait Airways $300 million
Image via

Premium Partners