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Kuwait Airways to place $3b order
Kuwait City: Kuwait Airways plans to buy 12 Boeing Co and seven Airbus planes from Kuwait's Aviation Lease and Finance Co (Alafco) for about $3 billion, a Kuwait Airways official said yesterday.
The state-owned airline, which is looking to spend as much as $6 billion to replace its ageing fleet, will order the aircraft from the Kuwaiti lessor rather than the manufacturers so as to take delivery of them earlier, said the official, who did not want to be identified.
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