Airline

Iraqi Airways dissolved

May 27 -The Iraq government dissolved Iraqi Airways because of a decade long financial dispute which dates back to Saddam Hussein’s invasion of oil-rich neighbor Kuwait, the Transportation Ministry said on Wednesday.  Kuwait alleges that Iraqi Airways stole ten airplanes and millions of dollars worth of spare parts during the 1990 invasion and has long been demanding $1.2 billion in reparations. Kuwait has been trying to freeze the airline’s assets around the world.  

A Transportation Ministry spokesman said the airline will keep operating until it is fully dismantled, though he did not provide a timeframe.  Karim Al-Tamimi said “Iraq’s Cabinet decided to close Iraq Airways and announced its bankruptcy because the company doesn’t own any airplanes and the Kuwaiti government’s cases were raised against the company”

The government’s decision to dissolve the airline comes shortly after Kuwaiti lawyers tried to confiscate Iraq Airway’s airplane after its first commercial flight from Baghdad to London this month.  However, the plane could not be taken because it was owned by a Swedish company. Iraq Airways does not own aircraft and has operated by chartering them from other companies.
 

More Airline
Turkish Airlines launches new cabin crew uniforms
Emirates voted ‘Best Business Airline’ and ‘Best Airline – Long-Haul Holiday’ by Conde Nast Traveller readers
Tourism to contribute SR118 billion to Saudi Arabian economy by 2020
Latest Travel News
Yas Island Abu Dhabi lit up in green for...
Turkish Airlines launches new cabin crew...
Emirates voted ‘Best Business Airline’ a...
Featured Sights To See
Souk Sharq

Souk Sharq

Kuwait, Kuwait

For all the shopping enthusiasts who visit Kuwait, Souk Sharq cannot be missed. This shopping complex has drawn tourists as well as locals to its friendly and bustling ambience for years, and caters to families and individuals and people of all ages. From a food court lined up with almost every franchise and fast food outlet, to the biggest names and brands in fashion and goods, this mall is numbe...

Windsor Castle

Windsor Castle

London, United Kingdom

Windsor Castle is the largest and oldest continually occupied castle in the world, dating back to the 1070s.  William I (a.k.a. the Conqueror) chose the location to help protect the city of London, roughly a day’s march to the east.  It was located adjacent to the Windsor Forest, a popular hunting ground.  Subsequent kings modified and expanded the palace.  Henry II rebuilt l...

Cong Vien Van Hoa Park

Cong Vien Van Hoa Park

Ho Chi Minh City, Vietnam

This club was once used by French colonists. It is shaded by trees and has a number of tennis courts, a swimming pool, a gymnasium and table tennis facilities. Early in the mornings, the art of thai cuc quyen [slow-motion shadow boxing] is practiced. Location: 115 Nguyen Du St, District 1                  ...

Fundacia Joan Mira

Fundacia Joan Mira

Barcelona, Spain

A museum of modern art that showcases a large collection of the works of Joan Mira....