Air Finance Journal Copying and distributing are prohibited without permission of the publisher

Kuwait Airways to sell 35% of stock

05 August 2011

The national airline is preparing to privatize by selling stock, which will raise about $281 million.

Read more: Kuwait Airways Citigroup Seabury and Ernst & Young Kuwait Airways Company (KAC) KuwaitNew Kuwait Investment Authority (KIA)

Kuwait Airways, the national flag carrier, will privatize by offering 35% stake in the company to international investors. The company will offer a KD220 million ($804 million) stake to investors and hopes to raise about $281 million from the sale.

Other Kuwaiti airline are excluded from investing.

Citigroup, Seabury...


Latest Deals Database Updates

Thai / 04-14 / Various / 5xA320 (RFP) 16/04/2014
Latest Deal Status RFP
Overall Arrangers
Assets A320
AirAsia / 04-14 / Airc Sec Loan / 1xA320 14/04/2014
Latest Deal Status Financial close
Overall Arrangers Credit Agricole CIB
Assets A320
SriLankan / 04-14 / Murabaha / - 14/04/2014
Latest Deal Status Financial close
Amount $m150
Use of Proceeds General corporate purposes

Upcoming Events