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
Etihad Airways offers prayer room onboard A380 and 787 aircraft
Turkish Airlines launches flights to Samarkand, Aqaba and Sierra Leone
Turkish Airlines launches new commercial starring heart surgeon Dr. Oz at the Super Bowl LII
Latest Travel News
Skytrax announces list of best airports ...
Turkish Airlines launches flights to Sam...
Texas Roadhouse opens its first beachfro...
Featured Sights To See
Museum of Science & Industry

Museum of Science & Industry

Chicago, United States

Chicago's Museum of Science and Industry is housed in the Palace of FIne Arts, built for the Columbian Exhibition.  In the 1920s, after the Field Museum moved out, it was decided to convert the magnificent Neoclassical building into a museum dedicated to science and industry.  The museum was bankrolled by Julius Rosenwald of retailer Sears Roebuck.  It has evolved into one of the wo...

Northwestern University

Northwestern University

Chicago, United States

Sharing Chicago's northern border along Lake Michigan is the pleasant suburb of Evanston, home to Northwestern University.  Northwestern was founded in the 1850s by Methodists on land purchased by John Evans, for whom the surrounding town is named.  Today it's one of America's most prestigious universities and a member of the Big Ten Conference. The main campus covers 240 acres alon...

What to do with children in tow

What to do with children in tow

Sydney, Australia

The best place in Sydney for children is the Rocks. This historic neighborhood always has a festive buzz to it (and also holds festivals frequently) along with having the Royal Botanic Gardens and Taronga Zoo very nearby. The Rocks is sure to have some great entertainment for children if you are there when a festival is going on. If not, you and your family can stroll down to the Puppet ShopRocks ...

Affoltern, Oerlikon & Seebach

Affoltern, Oerlikon & Seebach

Zurich, Switzerland

This district is famous for its Christmas Collectors Fair that takes place every year. ...