DUBAI, United Arab Emirates (AP) — A parliamentary committee in Kuwait has approved the privatization of struggling flagship carrier Kuwait Airways, but says the process could take up to three years.

The report by the official Kuwait News Agency gave no further details. But officials Tuesday suggested there were no major changes to previously announced plans to offer a 35 percent stake to shareholders.

Kuwait Airways faces several challenges including high labor costs, an aging fleet and stiff competition from other Persian Gulf carriers such as Qatar Airways and Dubai-based Emirates.

The move comes four years after Kuwait's parliament first approved a plan to restructure the airline.

Kuwait relies on oil exports for nearly all its revenue, but like other Gulf states it hopes to bolster its private sector and reduce dependency on oil revenue.


Publishing Services International Limited (PSIL) is the publisher and operator of a worldwide network of online news sites dedicated to delivering fair, accurate and relevant reporting from a variety of the world’s most trusted sources – from the biggest cities to the smallest towns.

We deliver positive and powerful messages to our readers, providing up‑to‑the‑second news that matters to the individual.

Our promise is to serve communities and individuals worldwide, delivering information that hasn’t always been available to them. We will give them back a voice – a voice that’s empowering because it is theirs – and provide a platform to communicate between themselves and the world.

We believe people are not just generic demographics; they are individuals with their own preferences and curiosities. We are about understanding these individuals, listening to them, and serving them.

We are the new pioneering spirit of news – we’re not talking to everyone, we’re talking with every one.

If you want your news, your voice, your way, on your time – we’ve got news for you.




If you have any questions or concerns please email us on


  • Australia, Toll Free 1-800-983-421
  • Hong Kong, Toll Free 800-906-187
  • Singapore, Toll Free 800-852-3871
  • USA/Canada, Toll Free 1-800-830-4132

Advertise With Us

Interested in being awesome?
Contact us by email or phone.