Location: Middle East, bordering the Arabian Gulf, between Iraq and Saudi Arabia. Geography: strategic location at head of Arabian Gulf.
Area: total: 17,820 sq km, land: 17,820 sq km, water: 0 sq km.
Capital: Kuwait.
Industries: petroleum, petrochemicals, cement, shipbuilding and repair, water desalination, food processing, construction materials.
Languages: Arabic (official), English widely spoken.
National Holiday: National Day, 25 February (1950).
Currency (Code): Kuwaiti dinar (KD).
Population: 2,789,132 million. Labor force: 2.154 million Includes 1,291,354 non-nationals (July 2010 est.) non-Kuwaitis represent about 60% of the labor force (2009 est.)
GDP (purchasing power parity):
• $153.5 billion (2011 est.)
• $142 billion (2010 est.)
• $138.5 billion (2009 est.)
• $146.5 billion (2008 est.)
GDP (official exchange rate):
• $158.4 billion (2011 est.)
GDP - real growth rate:
• 8.2% (2011 est.)
• 2.5% (2010 est.
• -7.8% (2009 est.)
• 8.5% (2008 est.)
GDP - per capita (PPP):
• $41,700 (2011 est.)
• $39,600 (2010 est.)
• $39,700 (2009 est.)
• $56.400 (2008 est.)
Budget:
• Revenues: $109.6 billion (2011 est.)
• Expenditures: $61.63 billion (2011 est.)
• Revenues: $64.81 billion (2009 est.)
• Expenditures: $38.12 billion (2009 est.)
Public debt:
7.5% of GDP (2011 est.)
10.9% of GDP (2010 est.)
13.1% of GDP (2009 est.)
Exports:
• $104.3 billion (2011 est.)
• $67.62 billion (2010 est.)
• $50.34 billion (2009 est.)
Imports:
• $21.96 billion (2011 est.)
• $20.36 billion (2010 est.)
• $17.08 billion (2009 est.)
Stock of direct foreign investment - at home:
• $2.764 billion (31 December 2011 est.)
• $2.366 billion (31 December 2010 est.)
• $1.081 billion (31 December 2009 est.)
Stock of direct foreign investment - abroad:
• $48.39 billion (31 December 2011 est.)
• $39.68 billion (31 December 2010 est.)
• $34.73 billion (31 December 2009 est.)
Military expenditures: 5.3% of GDP (2006).
Airports: 7
Airports - with paved runways: 4
Over 3,047 m: 1
2,438 to 3,047 m: 2
1,524 to 2,437 m: 1
Airports - with unpaved runways: 3
1,524 to 2,437 m: 1
Under 914 m: 2
Heliports: 4
Aircraft Departures: 16,700
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IATA Code: KU | ICAO Code: KAC | Callsign: KUWAITI
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Kuwait Airways Corporation
Kuwait International Airport
P.O.Box 394
Safat 13004
Kuwait
Tel: +965 2431-1918
Fax: +965 2473-6026
www.kuwait-airways.com
Ownership: state-owned (100%)
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Kuwait Airways was incorporated and commenced operations in March 1954, is State of Kuwait's national flag carrier. Its main operational base is Kuwait International Airport, and operates scheduled services throughout the Middle East, Europe, the Far East, and North America (44 destinations).
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Aircraft
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Engine
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Registration number
|
Built year
|
Owned/leased
|
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A300-600R
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CF6-80C2A5
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9K-AMA
|
1993
|
Owned
|
|
A300-600R
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CF6-80C2A5
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9K-AMB
|
1993
|
Owned
|
|
A300-600R
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CF6-80C2A5
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9K-AMC
|
1993
|
Owned
|
|
A300-600R
|
CF6-80C2A5
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9K-AMD
|
1994
|
Owned
|
|
A300-600R
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CF6-80C2A5
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9K-AME
|
1994
|
Leased
|
|
A310-300
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CF6-80C2A8
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9K-ALA
|
1993
|
Owned
|
|
A310-300
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CF6-80C2A8
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9K-ALB
|
1993
|
Owned
|
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A310-300
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CF6-80C2A8
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9K-ALC
|
1993
|
Owned
|
|
A320-200
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CFM56-5A3
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9K-AKA
|
1992
|
Owned
|
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A320-200
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CFM56-5A3
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9K-AKB
|
1992
|
Owned
|
|
A320-200
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CFM56-5A3
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9K-AKC
|
1992
|
Owned
|
|
A340-300
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CFM56-5C4
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9K-ANA
|
1995
|
Capital Leased
|
|
A340-300
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CFM56-5C4
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9K-ANB
|
1995
|
Capital Leased
|
|
A340-300
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CFM56-5C4
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9K-ANC
|
1995
|
Capital Leased
|
|
A340-300
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CFM56-5C4
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9K-AND
|
1995
|
Capital Leased
|
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777-200ER
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GE90-90B
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9K-AOA
|
1998
|
Capital Leased
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|
777-200ER
|
GE90-90B
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9K-AOB
|
1998
|
Capital Leased
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IATA Code: J9 | ICAO Code: JZR | Callsign JAZEERA
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Jazeera Airways
PO Box 29288
Safat, Kuwait
Tel: +965 2433 3304
Fax: +965 2433 9432
www.jazeerairways.com
Ownership: Public stock company traded on Kuwait Stock Exchange. (for details please see below)
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Jazeera Airways commenced operations on 30 October 2005 with a fleet of brand new Airbus A320 aircraft, all leather seats, flying to various destinations in the Middle East. Jazeera Airways K.S.C is a low-fare airline with its head office on the grounds of Kuwait International Airport in Al Farwaniyah Governorate, Kuwait. It operates scheduled services to the Middle East and Europe. Its main base is Kuwait International Airport. The airline has grown since its launch to become Kuwait's second national airline Jazeera Airways is one of the largest operators at Kuwait airport, having handled a quarter of all aircraft movements and passengers at the airport during July 2009. According to the July 2009 report issued by Kuwait Directorate General for Civil Aviation's, Jazeera Airways had the largest number of aircraft movement in the month with 1834 take-offs and landings, over-passing the second largest carrier in aircraft movement by 4%.
Jazeera Airways raised its capital of KD 10 million (USD 35 million) through an initial public offering in Kuwait that was oversubscribed 12 times. The capital was increased to KD 20 million (USD 70 million) in 4Q 2007 by a second offering to existing shareholders. In May 2009, a share distribution of 10% effectively increased the capital to KD 22 million (USD 77 million).
About 26% of the airline is owned by two companies affiliated with the Boodai Group: Wings Finance (9%) and Boodai Projects (17%). 6-7% is also held by Jasem M. al-Musa Trading, a company owned by a former Minister of Public Works in the first Kuwaiti government established after the end of Iraq's invasion of Kuwait. About 17.5% is held by two real estate companies, and the rest is publicly held. NB see Kuwait Stock Exchange report (in arabic)
Dubai Civil Aviation Authority ( GCAA) revoked Jazeera's hub in Dubai during the second quarter of 2009, as a move in support of Dubai's upcoming launch of its own low-cost airline, FlyDubai. The move was deemed unprofitable for Jazeera Airways as the Kuwait hub suffered from overcapacity. Jazeera Airways was forced to cancel flights, routes, phase out and cancel placed orders on aircraft.
Jazeera Airways fleet consists of the following aircraft:
- 6 x A320-200 (engines: CFM56-5B)
An additional 4 x A320-200 on order.