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Kuwait Rebuilds

Losses at Kuwait Airways (KAC)reached $100 million in the last financial year to June 1996, as the airline continues to repair the damage to fleet and infrastructure caused by the Iraqi invasion of 1990-1. KAC chairman Ahmed al Mishari says that the true costs of the invasion "-are not yet clear" and are still being uncovered. Losses were $92 million in 1994-5.

 

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