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Monday , February 6 2023

Kuwait Airways expects to make much ‘improvement’ in late 2024

This post has been read 8491 times!

KUWAIT CITY, Oct 24: Chairman of the Board of Directors of Kuwait Airways, Captain Ali Al-Dakhnan, announced the company recorded a 14 percent increase in its revenues from the beginning of the year until the end September, 2022, reports Al-Jarida daily. Al-Dakhnan said the losses for the company at the end of the year are expected in the range of 50 and 60 million dinars compared to 107 million dinars losses at the end of 2019, and “this is an indication that the company is developing and improving,” he said.

Al-Dakhnan expects the company to make much improvement in late 2024 in terms of offsetting losses, and then move to profits, as “we are moving in the right direction, especially with the arrival of planes in the future,” noting that the company has received 18 of 31 Airbus planes.

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