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.
Address: Rua Paula e Silva, Sao Cristovao Tel: 2569 2024 Admission: US$2 Opening Times: 9am-4:30pm Tue-Sun Located 200m from the old imperial residence of Qunita da Boa Vista, Rio’s zoo has a medium sized menagerie of animals: mostly Brazilian mammals and endangered species. The tropical bird aviary and the Nocturnal House where you can get up close with sloths, bats and other night ...
The Great South Gate is one of the symbols of Seoul and is the most prized treasure of the country. It is a two -tiered pagoda style roofed gate made with stone and wood. This gate served many purposes; it greeted visitors to the city, kept away wild animals and prevented outsiders from entering the city. It looks stunning at night when it is floodlit. The nearby Namdaemun Market is a great place ...
When visiting Bali it is essential to take back a piece of art as a keepsake. Here in the Batuan Village you will see artists at work, using the traditional Balinese style of painting called batuan. If you visit on the 1st or the 15th of the month, you can enjoy the dance sequence Gambuh. Jalan Raya Sakah Batuan Ubud Phone: +62 361 23 5600 (Toursit helpline) ...
Once the site of the Korean Air Force Academy, it symbolizes the Air Force. The word Boramae means Hawk. The park is spread out on 360,000 square meters and has sports facilities as well as a small zoo. It also has a huge pond that spreads out to 9000 square meters and has well planned walking paths. The pond is surrounded by willow trees and benches and is very popular, especially during summer a...