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25 new Airbus aircraft for Kuwait Airways: they could be financed through Islamic bonds

Kuwait City, Kuwait - This is the largest fleet overhaul for the company since the 1st Gulf War

Kuwait Airways might issue Islamic bonds, the so-called sukuk, in order to finance the purchase of new aircraft from Airbus, the largest operation of fleet renewal for the Middle-Eastern carrier since the Iraqi invasion in the '90s, which started the first Gulf War. Sukuk is the Arabic name for financial certificates, but commonly refers to the Islamic equivalent of bonds, and are structured to...

AVIONEWS - World Aeronautical Press Agency - 1156876
Rome, Italy, 12/04/2013 11:05
AVIONEWS - World Aeronautical Press Agency

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