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	<title>Kuwait Airways Archives - International Finance</title>
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	<title>Kuwait Airways Archives - International Finance</title>
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		<title>Kuwait Airport’s T4 revenue to reach $328 mn in 5 years</title>
		<link>https://internationalfinance.com/aviation/kuwait-airports-t4-revenue-reach-328-mn-5-years/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=kuwait-airports-t4-revenue-reach-328-mn-5-years</link>
					<comments>https://internationalfinance.com/aviation/kuwait-airports-t4-revenue-reach-328-mn-5-years/#respond</comments>
		
		<dc:creator><![CDATA[Pritam Bordoloi]]></dc:creator>
		<pubDate>Tue, 17 Sep 2019 08:13:38 +0000</pubDate>
				<category><![CDATA[Aviation]]></category>
		<category><![CDATA[aviation]]></category>
		<category><![CDATA[Kuwait airlines]]></category>
		<category><![CDATA[Kuwait Airways]]></category>
		<category><![CDATA[Middle East]]></category>
		<category><![CDATA[Saudi Arabia]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=27665</guid>

					<description><![CDATA[<p>T4 also helps the airport operate efficiently, control passenger traffic, and improve punctuality</p>
<p>The post <a href="https://internationalfinance.com/aviation/kuwait-airports-t4-revenue-reach-328-mn-5-years/">Kuwait Airport’s T4 revenue to reach $328 mn in 5 years</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Sheikh Salman Sabah Al Sabah, Chairman of the Directorate General of Civil Aviation (DGCA) expects the revenue generated by Kuwait’s International Airport’s Terminal Four (T4) in its first five years of operation will reach $328 million.</p>
<p>Since its introduction, T4 has also helped Kuwait International Airport to efficiently manage its operations in accordance with international standards. The airport also improved the service provided to passengers especially punctuality which exceeded around 90 percent.</p>
<p>It also helped the airport manage passenger traffic more efficiently which reached around 6 million during the previous summer season. The traffic was distributed among the four terminals and helped reduce the burden on the main terminal.</p>
<p>According to Kuwait Airways Chairman Yusuf Al Jassem, after T4 became operational, the punctuality rate of Kuwait Airways increased from 59 percent to 93 percent.</p>
<p>The T4 was inaugurated on July 4, 2018, by the Emir of Kuwait, Sheikh Sabah Al Ahmad Al Jaber Al Sabah. It has a capacity to accommodate around 4.5 million passengers per year and contributes $60 million to annual state revenues. Commercial flights started operations at Kuwait Airport’s T4 on Aug 15, 2018.</p>
<p>Recently, US-based elevator manufacturer Otis has won a contract to supply 171 Gen 2 and 19 heavy-duty elevators for T2 at the Kuwait International Airport. The terminal is being developed by Limak Inşaat, a Turkish conglomerate, with major interests in construction, energy, cement, and tourism.</p>
<p>Once completed in 2022, the five-storey terminal building will have the capacity to accommodate around 25 million passengers annually.</p>
<p>Kuwait International Airport is the country’s main airport which is located in the south of Kuwait City.</p>
<p>The post <a href="https://internationalfinance.com/aviation/kuwait-airports-t4-revenue-reach-328-mn-5-years/">Kuwait Airport’s T4 revenue to reach $328 mn in 5 years</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Turkish Airlines, Kuwait Airways codeshare deal to boost travel options</title>
		<link>https://internationalfinance.com/aviation/turkish-airlines-kuwait-airways-codeshare-deal-to-boost-travel-options/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=turkish-airlines-kuwait-airways-codeshare-deal-to-boost-travel-options</link>
					<comments>https://internationalfinance.com/aviation/turkish-airlines-kuwait-airways-codeshare-deal-to-boost-travel-options/#respond</comments>
		
		<dc:creator><![CDATA[International Finance Desk]]></dc:creator>
		<pubDate>Wed, 10 Jul 2019 07:53:43 +0000</pubDate>
				<category><![CDATA[Aviation]]></category>
		<category><![CDATA[Airline industry]]></category>
		<category><![CDATA[aviation]]></category>
		<category><![CDATA[Kuwait]]></category>
		<category><![CDATA[Kuwait airline industry]]></category>
		<category><![CDATA[Kuwait Airways]]></category>
		<category><![CDATA[Turkey]]></category>
		<category><![CDATA[Turkish airline industry]]></category>
		<category><![CDATA[Turkish Airlines]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=25982</guid>

					<description><![CDATA[<p>Turkish Airlines has decided to temporarily replace its 12 grounded Boeing aircraft with 12 737-800s from AnadoluJet</p>
<p>The post <a href="https://internationalfinance.com/aviation/turkish-airlines-kuwait-airways-codeshare-deal-to-boost-travel-options/">Turkish Airlines, Kuwait Airways codeshare deal to boost travel options</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Turkish Airlines has announced the signing of a new codeshare agreement with Kuwait Airways. The deal was signed at the Turkish Airlines’ headquarters in Istanbul by Bilal Ekşi, general manager of Turkish Airlines, and Yousef Al-Jassem Al-Saqer, chairman of Kuwait Airways.</p>
<p>The agreement also coincides with the time when Kuwait’s tourism sector is witnessing a steady growth as tourists flock the Turkish cities for their rich history and culture. Bilal Eksi, general manager of Turkish Airlines, told the media that his company holds the title of the airline that flies to the highest number of countries in the world which is 124.</p>
<p>On the other hand, Yousef Al-Jassem Al-Saqer, chairman of Kuwait Airways noted that the new codeshare agreement will boost the two airlines’ business, provide more travel options, and the opportunity for its passengers to take advantage of the services provided by both the companies.</p>
<p>He expects the new codeshare agreement to not only bolster the relationship between Turkish Airlines and Kuwait Airways, but also enhance the relationship between the two countries. While Kuwait Airways operates seven flights weekly to Istanbul Airport, and seven flights to Sabiha Gokcen airport, Turkish Airlines operates 28 flights from Istanbul Airport, and 14 flights from Sabiha Gokcen.</p>
<p>Turkish Airlines carried 6.6 million passengers in June, which is a 3.2 percent increase from a year ago. The seat occupancy rate also increased by1.2 points to 80.3 percent. The number of passengers the airlines carried on its domestic flight increased by 1.3 percent, while the numbers on international flights increased by 3.6 percent.</p>
<p>Last year, the company carried 75.2 million passengers, both international and domestic. This year, the company aims to reach the 80 million figure. But the company carried 35.1 million passengers during the first half of 2019, a decline of 1.7 percent when compared with the same period last year.</p>
<p>According to media reports, Turkish Airlines has decided to temporarily replace its 12 Boeing 737 MAX aircraft, which have been grounded since March, with 12 737-800s from AnadoluJet.</p>
<p>The post <a href="https://internationalfinance.com/aviation/turkish-airlines-kuwait-airways-codeshare-deal-to-boost-travel-options/">Turkish Airlines, Kuwait Airways codeshare deal to boost travel options</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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