Kuwait Airways to buy 25 Airbus planes, lease 13 aircraft


kuwait city -

Kuwait's national carrier is due to sign a multi-billion-dollar deal with Airbus to purchase 25 new aircraft valued at $3.0 billion with the first delivery expected in 2019, a well-informed newspaper reported on Sunday.
The deal will be signed "very soon," the privately-owned Al-Watan newspaper said quoting sources close to decision-makers. Last week Kuwait Airways Co. (KAC) board of directors decided to choose an offer made by Airbus because it carried a price tag $280 million lower than one made by Boeing, the report said.
The deal includes 10 Airbus A-350-900 and 15 A-320 neo and the delivery of the planes will start after six years, Al-Watan said. KAC made no comment on the report but its new chairman Sami al-Nasef told AFP in January, after parliament passed a bill to transform the airline into a commercial company, that they planned to buy around 21 new aircrafts within two years.

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