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Barrak Al-Sabeeh: Preparing Kuwait Airways for privatisation

Kuwait Airways’ new chairman and general manager Barrak Abdulmohsen Al-Sabeeh has a clear mandate from the government: prepare the carrier for its long-delayed privatisation. “To me a happy ending is to sell it off,” says a surprisingly blunt Al-Sabeeh.

In mid-October Al-Sabeeh took over as Kuwait Airways’ chief from Sheikh Talal Al-Sabah, who was openly critical of the government’s slow progress in privatising the flag carrier and its interference in management issues. Al-Sabah resigned in September along with the carrier’s entire board after the government rejected their proposed fleet renewal plan, which included 12 Boeing 787s and seven Airbus A320s. Al-Sabeeh says parliament did not agree with the old board’s view that the new fleet would add value to the carrier prior to privatisation. Instead it concluded co

This entry was posted on Thursday, November 1st, 2007 at 6:11 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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