FINANCIAL NEWS

Jazeera Airways to renew its planes

08 Jun 2014

(MENAFN) Jazeera Airways has recently announced that it is negotiating with plane manufacturers over purchasing a new generation of aircraft, according to KUNA.

Jazeera Airways Chairman Marwan Boodai said that the contract between Jazeera Airways and plane manufacturers will be announced by the end of this year.

The airline plans to keep new aircraft for only five years before offering them for renting, noting that it represents the Kuwaiti private sector which has proved ability to build world companies at home with the help and support of the Kuwaiti government.

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