Kuwait Airways plans to buy 25 aircraft from Airbus, a division of European Aeronautic Defence and Space Co. (EADSY.PK,EADSF.PK) or EADS N.V, and lease 13 of the A320 and A330 models for six years. Kuwait Airways expects to pay about 850 million dinars or about $3 billion for the order, according to media reports.
The reports said the airline may sign a deal as early as this month to buy 10 Airbus A350-900s and 15 single-aisle A320neos, with deliveries starting in 2019.
The airline reportedly chose Airbus over an offer by Boeing Co. (BA) due to the cost was lower.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.