- published: 03 Jun 2009
- views: 50904
Wataniya Airways (Arabic: الخطوط الوطنية) was a publicly traded company on the Kuwait Stock Exchange, Wataniya Airways' hub was the exclusive Sheikh Saad Terminal in Kuwait while its corporate headquarters in Kuwait International Airport, Al Farwaniyah Governorate, Kuwait. The airline was founded in 2006 and received an Air Operators Certificate in July 2008. It started services with an Airbus A320 in January 2009 from the Sheikh Saad General Aviation Terminal and provided flights from Kuwait to destinations across the Persian Gulf, wider Middle East and Europe. Wataniya Airways was the first and only commercial airline to operate its flights out of a private terminal in Kuwait. Wataniya Airways' A320 aircraft has a dual-cabin configuration composed of Business First and Premium Economy sections.
Wataniya Airways was formed as part of the Kuwait Government’s liberalization of aviation services in 2005 and was founded by Kuwaiti corporations that include corporate giant Kipco which owns majority shares in the company. The airline launched a public offering of 350 million shares in January 2006, the equivalent of 70% of its capital of KWD50 million (USD 188 million), and listed its shares on the Kuwait Stock Exchange by the end of 2008.