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Investing.com -- Kuwait Airways is struggling to meet its strategic targets due to aircraft delivery delays and regional geopolitical pressures, according to Chairman Abdulmohsen Alfagaan on Monday.
The state-owned carrier is currently waiting for nine aircraft from Airbus. Its fleet stands at 27 jets, with expectations to reach 30 by the end of 2025. The remaining aircraft are scheduled for delivery in 2027.
Kuwait Airways had originally planned to operate 33 aircraft in 2024, but at one point was operating with just 23 planes after returning some leased aircraft.
These delivery delays will impact the airline’s growth plans, which aimed to increase passenger numbers to 5.5 million in 2025 from more than 4 million last year. Alfagaan did not disclose the airline’s 2024 profit figures during Monday’s press conference following the company’s annual general meeting.
The chairman also cited political challenges affecting the region’s aviation industry and issues related to some countries served by Kuwait Airways as factors that would delay the carrier’s 2025 break-even target.
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