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Kuwait Airways raises Airbus order to 31 jets in $6bn deal

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Kuwait Airways announced an expanded $6-billion deal with Airbus for 31 planes, restructuring an agreement reached in 2014.

The deal comes after what the airline labelled occasionally"heated" negotiations following probes over allegations of kickbacks surrounding the initial order.

Al-Dukhan said the reshaped deal, aimed at giving the airline greater flexibility after the travel industry was rocked by the coronavirus pandemic, now carried a"total value of about $6-billion". "As we initiated the negotiations, we knew we were already the underdogs going in as 40 percent of the deal's value had already been paid and the delivery had started," Al-Dukhan said.

 

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