Turn on more accessible mode
Turn off more accessible mode
Home
|
Media Center
|
Careers
Personal
Accounts
Loans
eBanking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
Tutorials
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Awards
BBK awarded for distinguished Corporate Governance practices
Bahrain’s pioneer in commercial and retail banking
BBK wins first place for excellence in Corporate Governance practices
BBK wins Bahrain eContent Award
BBK newsletter
CINET
BBK Press releases
Latest News
Archives
Financial News
Latest News
Archives
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Media Center
Financial News
Archives
Archives
14-12-14
Kuwait Airways to receive first new planes in 16 years
(MENAFN) Kuwait Airways (KAC) said that it is expecting to receive two Airbus aircrafts this week, which will be the first delivery of a new plane to the carrier in 16 years, Arabian Business reported.
The airline said that this delivery is part of a deal it signed to purchase 25 Airbus aircraft, comprising of 10 A350-900 and 15 A320 neo family, as well as 10 wide-body 777-300ER aircraft from Boeing, all of which are due to be delivered by the end of the decade.
KAC said that these planes are part of the carrier's renewal program, which will result in renewing all of its planes, which average age is about 20 years, costing the airline millions in excessive maintenance bills.
The carrier, which has been losing in all of its year of service since 1991 except for one year, has registered a net loss of USD285 million in 2011-12, in addition to USD275 million in 2010-11 and USD180 million the year before, though it said that its losses declined to USD60 million this year.
View complete sitemap
Personal
Accounts
Loans
Mortgage
eBanking
ATM
Internet Banking
SMS Banking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
BBK tariffs
Tutorials
Customer Protection
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Follow us