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Kuwait lawmakers clear airline privatization plan

Kuwait's parliament has approved a struggling flagship airlines Kuwait airways privatization plan, including a special transitional government appointed group to supervision.
But Wednesday's report, Kuwait's official news agency outside investors to open the carrier, did not give a timetable. A draft prelimin into system earlier this month suggested process may take up to three years.
The plan including seven members of the board of directors of the operation of airlines and regulation, some employees be redistributed government position or receiving acquisition.
Kuwait airways facing some challenges, including labor cost is high, the aging fleet, from other gulf airlines competition, such as Qatar airways, headquarters is located in dubai emirates.



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