NO. 10


Financial and Banking News

Regional Financing

Kuwait Airways Considers its Options on Aircraft Finance

The board of Kuwait Airways Corporation (KAC) is considering a number offinancing alternatives for its purchase of 10 airbuses, having receivedproposals from banks at the end of November (for details of the purchases seeMEES, 18 November and 24 June). The airline will need $786mn to cover all 10aircraft, but bankers say that the airline is in no hurry to make a...