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KarelXWB
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KU To Order And Lease A350s, A330s, A320s

Sun May 12, 2013 11:38 am

Kuwait Airways will spend 850 million dinars (2 billion pounds) on 25 new Airbus jets and aims to lease a further 13 to upgrade its ageing fleet, a Kuwaiti newspaper reported on Sunday. The order would consist of the following aircraft with first deliveries slated for 2019:

- 10x A350-900
- 15x A320neo

Secondly, KU would lease 13 A330 and A320 aircraft for a period of six years while they wait for the new A350 and A320neo aircraft to become available.

"The sources made clear that the deal, which will be signed with Airbus very soon, is one contract that will include both the leased and purchased planes," the newspaper said.

The source can be found here but its in Arabic.

Close, but no cigar http://vine.co/v/OjqeYWWpVWK
 
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SpaceshipDC10
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RE: KU To Order And Lease A350s, A330s, A320s

Sun May 12, 2013 11:54 am

Another new operator for the A330. Any idea of the delivery schedule ?

As a side note, their A340s were delivered in 1995 and the two 777 in 1998. The latter were ordered following a complaint from Boeing back then. Otherwise KU would have already operated the A330 by now, if I remember correctly.
 
DUSint
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RE: KU To Order And Lease A350s, A330s, A320s

Sun May 12, 2013 12:00 pm

Thank you for this!
It was about time for KU, at least for the A300s...

Can someone please confirm that the leased A330s will come in already this year?
From the numbers (the only info I can draw from the Arabic text) in the posted link I would conclude this, because they say that they will lease the A330 for a period of six years and that the A350s will arrive in 2019. That tells me, the A300s might be gone in 2013 already. Or am I reading something wrong here?

I took their A300 in business last year between FCO-CDG. While I absolutely enjoyed the old-school feeling of these flights, they are not competitive any more... Do not get me wrong, the flight was very smooth and the service fantastic (with a cake trolley etc.), the seats were thick and huge, like sitting on an elephant.  
 
HiJazzey
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RE: KU To Order And Lease A350s, A330s, A320s

Sun May 12, 2013 12:11 pm

Quoting DUSint (Reply 2):
Can someone please confirm that the leased A330s will come in already this year?

According to the article the leases arrive this summer, with 2 A320s delivered in July.

We'll see if they actually get their new planes this time, or will the Kuwaiti parliament shoot down this deal too.
 
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KarelXWB
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RE: KU To Order And Lease A350s, A330s, A320s

Sun May 12, 2013 12:20 pm

KU will get their first A330s this summer. I'm not sure which one they will get, the A330 firing order doesn't show any allocations for KU.
Close, but no cigar http://vine.co/v/OjqeYWWpVWK
 
q8flyer
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RE: KU To Order And Lease A350s, A330s, A320s

Sun May 12, 2013 3:12 pm

English Links:
http://www.reuters.com/article/2013/...kuwait-order-idUSBRE94B03P20130512

http://www.bloomberg.com/news/2013-0...-purchase-of-25-airbus-planes.html

The local newspaper said the Airbus offer is less than Boeing offer by approx. $280 million. Other reasons for choosing Airbus:
-Airbus offered leased new airplanes during the period with 2 leased A320 to be delivered in early June.
-The fact KU operate all Airbus fleet except 2 Boeing planes, making it easier to operate the leased A330s and A320neos.

Also mentioned that KU is in the process of re-configuring Amiri B747-400 from VIP configure, since the state of Kuwait received its latest Amiri A340-500 VIP configured to be used by government officials. B747-400 is expected to be fitted in mid summer and to be operated in high density routes like hajj.
 
q8flyer
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RE: KU To Order And Lease A350s, A330s, A320s

Sun May 12, 2013 3:31 pm

Quoting HiJazzey (Reply 3):
We'll see if they actually get their new planes this time, or will the Kuwaiti parliament shoot down this deal too.

The Parliament already approved the privatization process and transferring the legal status of KU to a company under the ownership of Kuwait Investment Authority (KIA) and in this way the parliament cannot interfere in KU.

Also mentioned in the paper that KIA gave KU a decisive guidelines that KU should only operate on a profitable basis and cancel any unprofitable routes even if it was sovereign political routes, such as AUH and MCT.
 
chiad
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RE: KU To Order And Lease A350s, A330s, A320s

Sun May 12, 2013 4:05 pm

I am amazed about all the orders in the pipe-line for both air-framers.
Surely the Paris Airshow will keep us intoxicated from mid June.
  
 
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EPA001
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RE: KU To Order And Lease A350s, A330s, A320s

Sun May 12, 2013 5:12 pm

Quoting KarelXWB (Thread starter):

- 10x A350-900
- 15x A320neo

Secondly, KU would lease 13 A330 and A320 aircraft for a period of six years while they wait for the new A350 and A320neo aircraft to become available.

Good news from KU for Airbus. Congrats are due for all parties involved.  
 
kaitak
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RE: KU To Order And Lease A350s, A330s, A320s

Sun May 12, 2013 6:11 pm

I am delighted to hear this and sincerely hope it marks the start of a renaissance for KU; other ME carriers have left it in a cloud of dust; if Kuwait were a poor country, one could understand this, but it isn't. The need more than a new fleet though; there needs to be a whole new attitude too; a brand makeover might be in order too.

All the best to KU for the future. I still remember my first flight with them, on St. Patrick's Day 1981, on board a 747, "Al Mubarakiya", relaxing in the upper deck of the aircraft and visiting a 747 cockpit for the first time.
 
KaiTak747
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RE: KU To Order And Lease A350s, A330s, A320s

Sun May 12, 2013 7:51 pm

Very exciting news!

I flew with them in 2008 LHR-JFK-LHR - they were very comfortable but the experience was not exactly 21st century.

Let's see now if they launch new hard and soft products. The A340 we flew on had F, J and Y, but I seem to recall both F and J being almost identical and very old school. I really hope they don't change the livery.

Quoting q8flyer (Reply 6):
The Parliament already approved the privatization process and transferring the legal status of KU to a company under the ownership of Kuwait Investment Authority (KIA) and in this way the parliament cannot interfere in KU.

Is the Kuwait Investment Authority state owned?
 
q8flyer
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RE: KU To Order And Lease A350s, A330s, A320s

Sun May 12, 2013 8:12 pm

Quoting KaiTak747 (Reply 10):
Is the Kuwait Investment Authority state owned?

Yes, it is the investment arm of the state of Kuwait, however the parliment cannot interfer with KIA's investments which KU is one of them. Unlike previous years where KU was legally a 'Government Establishment' where every airplane purchases should be approved by the parliament.
 
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lightsaber
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RE: KU To Order And Lease A350s, A330s, A320s

Sun May 12, 2013 8:20 pm

This is an exciting expansion. But doesn't it feel like 'too little, too late?' Once upon a time, KU was far larger than EK. Before 2003, Kuwait could have been the travel hub. I'm glad to see KU was finally privatized.

But this is 2013 with EK, QR, and EY fully established. KU has a challenge ahead for themselves. This growth looks reasonable, but what is there plan for competing with EK/QR/EY?

Quoting KarelXWB (Thread starter):
Secondly, KU would lease 13 A330 and A320 aircraft for a period of six years while they wait for the new A350 and A320neo aircraft to become available.

These leases look to be a wise investment. Aircraft when they are needed, but replaced before they are a burden.

Lightsaber
"They did not know it was impossible, so they did it!" - Mark Twain
 
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BasilFawlty
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RE: KU To Order And Lease A350s, A330s, A320s

Sun May 12, 2013 8:27 pm

Quoting q8flyer (Reply 5):
Also mentioned that KU is in the process of re-configuring Amiri B747-400 from VIP configure, since the state of Kuwait received its latest Amiri A340-500 VIP configured to be used by government officials. B747-400 is expected to be fitted in mid summer and to be operated in high density routes like hajj.

Do you perhaps know both the current configuration and the new configuration of this aircraft? The 744 has been used on normal flights every now and then for a long time now, but it's configuration details are nowhere available.
'Every year donkeys and mules kill more people than plane crashes'
 
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SpaceshipDC10
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RE: KU To Order And Lease A350s, A330s, A320s

Sun May 12, 2013 8:58 pm

Quoting BasilFawlty (Reply 13):
The 744 has been used on normal flights every now and then for a long time now, but it's configuration details are nowhere available.

According to Planespotters, it's in F32Y326 configuration.
 
q8flyer
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RE: KU To Order And Lease A350s, A330s, A320s

Sun May 12, 2013 9:34 pm

Quoting lightsaber (Reply 12):
This is an exciting expansion. But doesn't it feel like 'too little, too late?' Once upon a time, KU was far larger than EK. Before 2003, Kuwait could have been the travel hub. I'm glad to see KU was finally privatized.

But this is 2013 with EK, QR, and EY fully established. KU has a challenge ahead for themselves. This growth looks reasonable, but what is there plan for competing with EK/QR/EY?

I don't think KU want a rather big fleet. The business plan is to minimize staff and other operational costs, fleet modernization and to be profitable again. In this way, it will be more attractive for the upcoming strategic investor.

And to be honest i don't see KU competing with the mentioned gulf carriers even within next 10 years. I think it will focus in giving premium quality service catered for locals and expats who are based in Kuwait. For various reasons including that Kuwait doesn't have a plan to be a tourist or a transit hub.

Quoting BasilFawlty (Reply 13):
Do you perhaps know both the current configuration and the new configuration of this aircraft? The 744 has been used on normal flights every now and then for a long time now, but it's configuration details are nowhere available.

I don't know for sure, but i don't recall using it any commercial flight the past 3 years.
According to the newspaper, It is undergoing a 70 day comprehensive periodic maintenance and will be fitted with 286 seats! I don't see how a B747-4 with only 286 seats only!
 
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SpaceshipDC10
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RE: KU To Order And Lease A350s, A330s, A320s

Sun May 12, 2013 9:43 pm

Quoting q8flyer (Reply 15):
I don't see how a B747-4 with only 286 seats only!

It's a Combi (M), so they may use the main deck cargo hold again.


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