<p>Kuwait Airways plans to lease eight Airbus passenger jets within 10 years, Chairman Ali Aldokhan said on Sunday.</p>.<p>The state-owned carrier is examining offers from leasing companies, and the contract duration for the leased planes, all Airbus 321 neo aircraft, will be between eight and 10 years, Aldokhan told a news conference.</p>.<p>The plan to lease eight planes is in addition to Kuwait Airways' multi-billion dollar deal with Airbus in 2022 to buy 31 planes, 18 of which it has already received.</p>.Jet Airways, Go First revival attempts fraught with challenges.<p>While airlines globally were hit hard by the Covid-19 pandemic, many Gulf carriers have seen a swift pickup in demand and are key players in their governments' drive to diversify their economies into sectors such as tourism.</p>.<p>The cost of jet fuel for Kuwait Airways has increased 38% year-on-year since the beginning of 2023, Aldokhan said.</p>.<p>Kuwait Airways is in negotiations with Kuwait Petroleum Corporation on a discount mechanism to reduce the airline's jet fuel costs, CEO Maen Razouqi told at the same press conference. </p>
<p>Kuwait Airways plans to lease eight Airbus passenger jets within 10 years, Chairman Ali Aldokhan said on Sunday.</p>.<p>The state-owned carrier is examining offers from leasing companies, and the contract duration for the leased planes, all Airbus 321 neo aircraft, will be between eight and 10 years, Aldokhan told a news conference.</p>.<p>The plan to lease eight planes is in addition to Kuwait Airways' multi-billion dollar deal with Airbus in 2022 to buy 31 planes, 18 of which it has already received.</p>.Jet Airways, Go First revival attempts fraught with challenges.<p>While airlines globally were hit hard by the Covid-19 pandemic, many Gulf carriers have seen a swift pickup in demand and are key players in their governments' drive to diversify their economies into sectors such as tourism.</p>.<p>The cost of jet fuel for Kuwait Airways has increased 38% year-on-year since the beginning of 2023, Aldokhan said.</p>.<p>Kuwait Airways is in negotiations with Kuwait Petroleum Corporation on a discount mechanism to reduce the airline's jet fuel costs, CEO Maen Razouqi told at the same press conference. </p>