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Kuwait Airways Receives 8th Boeing 777-300er
National carrier Kuwait Airways took delivery on Sunday of the eighth aircraft of a family of long-range twin-engine jets, known as the Boeing 777-300ER.
The addition of the aircraft to Kuwait Airways' fleet was part of a 12-year sale and leaseback deal struck with aircraft-leasing company ALAFCO, Kuwait Airways Chairman Sami Al-Rashid told the press.
He noted that the deal was not "merely a financial transaction with one of our partners, but a step towards a brighter future for Kuwait." Moreover, the Chairman of Kuwait Airways said that the company's partnership with ALAFCO remains its best bet to ensure long-term success.
Kuwait Airways has thus far received eight aircrafts as part of a 10-aircraft deal expected to be completed shortly.
One of the oldest airlines in the Gulf region, the Kuwaiti government acquired full ownership of Kuwait Airways in 1962.
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SOURCE : KUWAIT CITY NEWS
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