Kuwait Airways Transitions to State-Owned Shareholding Company

Aug 9, 2026

52 min

Aug 9, 2026 12:30

Kuwait Airways becomes wholly state-owned shareholding company

## New Decree for Kuwait Airways

Kuwait Airways has transitioned into a fully state-owned shareholding company following a new decree. This change aims to enhance governance, operational flexibility, and support the airline's growth strategy.

## Legal and Structural Changes

The transformation is guided by Decree Law No. 77 of 2026, aligning the airline with the Companies Law. This provides a modern legal framework to bolster its future development.

## Strategic Objectives

Chairman Abdulmohsen Salem Al Fagaan highlighted that the new structure will streamline decision-making, improve flexibility, and accelerate project implementation. The airline plans to expand its route network and modernize its fleet, contingent on feasibility studies.

## Addressing Challenges

The airline's accumulated losses will be addressed through operational improvements and external factors like travel demand and fuel prices. The transformation is expected to enhance decision-making and operational performance.

## Future Ambitions

Kuwait Airways aims to become a leading global carrier by focusing on fleet modernization, service improvements, and digital transformation. The airline's competitiveness will depend on passenger experience and operational efficiency.

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