Kuwait

Kuwait eyes privatisation of airline

KUWAIT - Loss-making Kuwait Airways is expected to be privatised within 10 months, the state carrier's chairman was quoted as saying yesterday.

Kuwait's parliament in January approved a government plan to sell 40 per cent of the carrier to the public and 35pc to a long-term investor within two years.

Lufthansa On Buying CSA: Nein

Lufthansa not to bid in Czech airline CSA privatisation - vice president

PRAGUE - Deutsche Lufthansa AG is not likely to bid in the privatisation of Czech airline CSA, a Lufthansa vice president said, playing down expectations the German carrier will take part in the sale.

'Don't expect news that we will be buying CSA,' Karsten Benz told daily Mlada Fronta Dnes in an interview.

He said the company ... read more