YOWza From Canada, joined Jul 2005, 5020 posts, RR: 14 Posted (3 years 10 months 1 week 6 days 15 hours ago) and read 2761 times:
Loads of questions here. Please chip in anywhere you can!
What is going on with their privatization? Has this be approved yet and is there a suitor?
What are KU's near and long term plans? They seem - at least from the outside - to be stuck in the 90's.
I understand that they have folded. What was the main proponent of their demise? Is there scope for a third carrier on the KWI scene?
Things appear to be stagnating. I was surprised to learn that they still have not ventured into India/Pakistan yet. Is there a reason for this?
Like all GCC states I understand that Kuwait has foreign ownership restrictions which presumably apply to airlines as well. There is constant chatter around liberalizing these rules but is this realistic or imminent? Could I as a foreigner in theory go in and set up shop?
What is the state of Kuwait's air treaties with India and Pakistan?
kaitak From Ireland, joined Aug 1999, 13017 posts, RR: 34
Reply 1, posted (3 years 10 months 1 week 6 days 15 hours ago) and read 2739 times:
I have a long standing interesting in KAC and Kuwait, as this is where my interest in aviation back, over 30 years ago!
I think, in relation to Kuwait Airways' privatisation, the big issue clouding this is that there has been quite a lot of political turbulence in Kuwait in recent months and even weeks. KAC's privatisation has been talked about for a long time and I think it is still on the agenda, but until the current political instability is sorted out, we won't see much happening.
As for KAC's medium and long term plans, I believe it still plans to get hold of newer aircraft; you'll recall that a plan to lease A320s and 787s was shot down. No doubt there are many in Kuwait who look down south, towards Qatar and the UAE and wonder what could have been, had the vision and ability been there. KAC needs to update its fleet and get its backside in gear; I believe there are currently plans for a big new terminal in KWI, which should help a lot.
As for Wataniya, I believe is has folded. I think that Jazeera has not so much stagnated, but has consolidated; perhaps its initial plans were too ambitious; one thing is sure, which is that KU needs competition, so I hope they stay around.
As for setting up a business in Kuwait, I believe all businesses need to be at least 50% owned by Kuwaitis and bear in mind that most aviation bilateral treaties would require this anyway.
YOWza From Canada, joined Jul 2005, 5020 posts, RR: 14
Reply 2, posted (3 years 10 months 1 week 6 days 13 hours ago) and read 2671 times:
Quoting kaitak (Reply 1): As for setting up a business in Kuwait, I believe all businesses need to be at least 50% owned by Kuwaitis and bear in mind that most aviation bilateral treaties would require this anyway.
So for Kuwaiti bi-laterals to be upheld with a foreign owned Kuwaiti flagged carrier the ownership would need to sit at 50-50? Interesting. I was not aware of this.
Viscount724 From Switzerland, joined Oct 2006, 27791 posts, RR: 22
Reply 7, posted (3 years 10 months 5 days 11 hours ago) and read 2164 times:
Quoting yowza (Reply 6): Does anyone know if Kuwait has open skies with India?
The current Kuwait-India bilateral is far from open skies. See paragraph 4.1 in the following document covering the most recent (2006) changes to the bilateral (from the Indian government website that contains all of their bilaterals). http://dgca.nic.in/bilateral/mou-Kuwait.pdf
pnd100 From Canada, joined Mar 2009, 350 posts, RR: 0
Reply 9, posted (3 years 10 months 4 days 8 hours ago) and read 2003 times:
From Arab News: Award-winning airline Jazeera Airways, the largest airline serving the Middle East out of Kuwait, today issued its monthly operational performance report for October 2011, which showed that the airline has once again captured a leading market share on most of the routes it operates.
It is a shame that despite having a head start in the region, KU failed to capitalize as yet on the emergence of the Gulf as a transit point between the West & East. This was in great part due to the first Gulf War but then again critics will point out that in the 20 years since it has not been able to recover either. With it's advantageous location KWI & KU could be a lot better off than they are.