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Monday, November 30 - 2009

Al Jazeera Airways approval

  • Kuwait: Monday, March 22 - 2004 at 09:13

The Kuwait Cabinet has approved the launch of the emirate's first private airline, Al Jazeera Airways. Last November the Kuwait Government decided to allow the establishment of low-fare carriers. Founders can own 30 per cent of the shares in such companies, while the rest must be sold in an IPO.

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