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Kuwait Airways, the 80% for sell to put deficit right
Kuwait City, Kuwait - The carrier's bad management
The reorganization of Kuwait Airways, that since quite 20 years keeps to record negative budget, passes from the sell of 80% of the company's stocks. The share will be sold by a takeover bid on the 40% of the stocks, while the remaining half will be sold to the societies quoted at the stock exchange of Kuwait City. The strong deficit of the carrier is due to the lack of decision-making of the board:...
AVIONEWS - World Aeronautical Press Agency - 1077012
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency