Kuwait Airways appoints Ahmed Alkreebani as acting CEO

Jet Airways (India)

20/09/2023 10:06

KUWAIT, Sept 20 (Reuters) - State-owned carrier Kuwait
Airways  KA.UL  has appointed its former chief executive
officer, Ahmed Alkreebani, as acting CEO, the company announced
on its account on X, formerly known as Twitter, late on Tuesday.
    Reuters reported earlier this week that Alkreebani's
predecessor Maen Razouqi had submitted his resignation as CEO.
    Alkreebani returns to the top job after he resigned about a
decade ago following a controversy related to a deal to purchase
used Airbus aircraft from India's Jet Airways.
    Kuwait Airways, which posted a net loss of 55 million dinars
($178.16 million) in 2022, faces possible delays of up to 12
months to receive some Airbus aircraft, Razouqi told Reuters in
August, but aims to achieve profitability in 2025.

($1 = 0.3087 Kuwaiti dinars)

 (Reporting by Ahmed Hagagy, Editing by Louise Heavens)
 ((ahmed.hagagy@thomsonreuters.com))