Kuwait Airways Corporation (KAC) is set to have a new strategic overhaul, according to Kuwait’s state news service.
Minister of State for Economic Affairs, Hind al Sabeeh, told the agency that the new plan, “will be completed before the end of the year and would help the airline regain lost glory.”
Plagued by years of losses, Kuwait Airways has been struggling to reform. Privatisation is often debated and the airline has been in pursuit of an ambitious fleet modernisation program, but hasn’t yet been able to transform traffic on new routes into positive financial results.
The airline is also suffering a crisis of leadership; former CEO Rasha al Roumi who was heading the airline’s five-year turnaround plan resigned under controversial circumstances earlier this year citing lack of government support and corruption. Her grievances included a KD 600 million payment which she says the government had pledged to but instead chose to award to another local competitor.