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Airbus confirms $4.4bn Kuwait Airways order

Kuwait, December 10, 2013

Airbus confirmed on Monday that Kuwait Airways had signed a provisional agreement to buy 25 new aircraft in the biggest overhaul of its fleet since the 1990 Iraqi invasion.

The Kuwaiti flag carrier plans to buy 10 A350-900 and 15 medium-haul A320neo jets, Airbus said in a statement.

The deal, worth $4.4 billion at list prices, follows a year of negotiations since the Gulf state won a $500 million settlement from Iraqi Airways to end a two-decade dispute over damage caused when Iraqi forces seized aircraft and parts.-Reuters




Tags: airbus | Kuwait Airways |

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