Airline

Deficit budget passed for Kuwaiti national carrier

June 30  - Kuwait parliament on Tuesday passed the 2010-2011 budget of state-owned Kuwait Airways Corporation (KAC) with a projected deficit of $180 million.


Revenues for the privatisation-bound airline are projected at $853 million while expenditure is estimated at 1.033 billion dollars. The fiscal year runs from April 1 to March 31, 2011.


KAC chairman Hamad al-Falah said the national carrier incurred a loss of $189 million in the previous fiscal year.


The carrier has posted a loss in all but one of the past 20 years, accumulating losses of more than $2.5 billion.


Parliament however rejected a recommendation from opposition MPs that called for suspending the privatisation of KAC until the accounting watchdog Audit Bureau conducts a probe into graft allegations in the airline.

More Airline
Big jump in international passengers for Saudi Airlines
flydubai will fly to Tashkent from 11 March 2019
New Istanbul airport starts operations
Latest Travel News
Jazeera Airways launches flights to Kara...
Emirates expecting over 500,000 arrivals...
Kazakhstan's new tourist attraction - fa...
Featured Sights To See
What to do with kids in tow

What to do with kids in tow

Beijing, China

Beijing Aquarium This is an inland aquarium which exhibits numerous species of under water creatures. Dolphin shows take place daily and are a highlight of this aquarium. A panda house is located nearby as well. Timings: Daily 9 A.M- 4 30 P.M Admission: Y 110 [Adults]; Y 60 [children]- includes admission fee for Beijing Zoo Address: Gaoliang Qiao Xiejie 18 B Tel: 010-6217-6655 &nbs...

Masjid Qiblatain

Masjid Qiblatain

Madinah, Saudi Arabia

Masjid Al Qiblatain has a very historical significance in Islam. In the early years of Islam the Muslims of Madinah used to pray with their faces towards the Masjid Al Aqsa (the mosque in Jerusalem). It is at this masjid that Allah revealed to the Prophet (PBUH) the Ayats of the Quran that commanded the Muslims to now face the Holy Ka’abah. The Prophet (PBUH) then tilted his face towards the Ka’ab...

Fakir Khana Museum

Fakir Khana Museum

Lahore, Pakistan

The museum itself is in a small house in the inner city. The Fakirs were an important family during the Sikh rule of Punjab in the 1700s. Fakir was an ascetic and his sons took over in his role as an important member and minister in the court of the Sikh ruler Ranjit Singh. This small museum showcases the history of Lahore and contains important pieces such as relics from the Prophet Muhammad’s (P...

Lollipop’s playland and café

Lollipop’s playland and café

Christchurch, New Zealand

An all time favorite attraction for children is the Lollipop Playland in the South of the city. The play place is full of soft playing material like castles, building blocks, animals, climbing toys and ball pits. Location: 146 Antigua Street, Addington Phone: +64 (0)3 374 3220 ...