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Kuwait searches bids for its reference carrier

Kuwait City, Kuwait - For the purchase of 35% of shares

The Kuwait Airways privatisation committee has invited yesterday on August,1st bids to present their "Expression of interest" to buy 35% of the airline; the expiry date has been set on August 25 and the process is open to companies listed on the Kuwait Stock Exchange and to specialised international companies. According to a law passed in January 2008 started the process of privatization of the...

AVIONEWS - World Aeronautical Press Agency - 1132506

AVIONEWS - World Aeronautical Press Agency
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