VOL. XLVII

No 14

05-April-2004

PRIVATIZATION

Formation Of First Private Airline In Kuwait Prompts KAC Privatization Move

Kuwaits cabinet on 22 March approved the establishment of the states first private air carrier, Al-Jazeera Airways. Last year Kuwait opened the domestic aviation sector to competition by allowing the formation of private passenger and cargo airlines. Approval is expected to be given shortly to two other such ventures.

The backers of Al-Jazeera Airways are said to be a group of...