By John Lee. Kuwait MPs have overwhelmingly ratified the $500-million settlement deal to end the 22-year-old dispute between Kuwaiti Airways Corporation (KAC) and Iraqi Airways. Iraqi Airways agreed in July to pay the compensation to KAC for damages caused by Saddam Hussein's troops during the 1990-91 invasion of Kuwait. Kuwait says 10 of its planes as […]
Iraqi Airways received the first Boeing 777 aircraft for its fleet during a delivery ceremony at the Baghdad International Airport on December 15, 2012. The ceremony was attended by the Iraqi Minister of Transportation, Mr. Hadi al-Ameri, U.S. Ambassador to Iraq Stephen Beecroft, Boeing officials Donald A. Galvanin and Alan W. Smith, as well as […]
By John Lee. Iraqi Airways has taken delivery of its first Airbus A330-200, the first Airbus widebody aircraft to be operated by the airline, which already has two A321 aircraft. Accommodating a two-class configuration of 24 business and 264 economy seats, the aircraft is powered by GE CF6-80 engines and will be deployed on European […]
By John Lee. The Emir of Kuwait has signed into law the financial settlement reached with Iraq regarding Kuwait Airways. Iraq's Ministry of Foreign Affairs says that law firms in Britain have been told to drop all proceedings against Iraqi Airways and Iraqi properties. Under this settlement, Iraq will pay $500 million as final compensation to […]
By John Lee. According to the general secretary of the Iraqi Cabinet, Ali al-Allaq, Iraq will not pay compensation to Kuwait Airways for a debt dispute before Kuwait drops legal claims against Iraqi Airways. Under an agreement reached in March, the two countries decided that Kuwait would abandon all lawsuits against Iraqi Airways in return […]
By Haider Najm. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Passengers forced to sit in the aisle because of overbooking, others missing flights because the plane left early. Flying in Iraq isn’t exactly glamorous as Iraq’s […]
By John Lee. Iraq’s Cabinet has agreed to allocate $500 million to resolve the long-running dispute with Kuwait over the debts of Iraqi Airways, according to Bloomberg. The Cabinet asked parliament to approve the allocation of $300 million from the 2012 budget and another $200 million in 2013, , State Minister Ali al-Dabbagh said on […]
Flights between Iraq and Malaysia have resumed after a gap of 25 years, with the opening of a new scheduled air service on Saturday. Alsumaria News reports that Iraqi Airways will operate a weekly return service between Baghdad International Airport and the Malaysian capital, Kuala Lumpur. Iraq's Ministry of Transport said that "Iraqi Airways plans to open […]
Bloomberg reports that Iraqi Airways plans to halt an order to buy regional jets from Canada’s Bombardier in favour of larger planes most likely from Boeing or Airbus, after the government granted it a $300 million interest-free loan. The carrier is unlikely to convert on option to buy further 90-seat Bombardier CRJ900 planes after taking […]
Iraq’s Minister of Transport Hadi al-Amiri (pictured) talks to NIQASH about Iraq’s role in alleged Iranian weapons smuggling into Syria as well US spy drones over Iraq monitoring Iranian activities. “It’s a lie,” al-Amiri says. Al-Amiri also talks about how a recent visit to Iraq’s neighbour, Kuwait, could see Iraqi Airways flying again. And he […]
Iraq announced on Wednesday that it had finalised several agreements with Kuwait on long-running disputes, including the issue of of compensation to Kuwaiti Airways from Iraqi Airways. Under the deal, Iraq will pay Kuwait $300 million in cash and will invest another $200 million in a joint Iraqi-Kuwaiti airline venture, to settle a claim by […]
Flights between Baghdad and the northern city of Mosul have resumed after nine years of disruption, reports AKnews. An Iraqi Airways flight carried 40 passengers from Mosul to Baghdad and authorities plan to launch flights between the two cities on a regular basis. The Director of Mosul Airport, Sardar Hasan, said there will be two […]
