Kuwait National Airline Q3 loss narrows

Holding company that owns Wataniya Airways reports net loss of $5.7m in statement to stock exchange
Kuwait National Airline Q3 loss narrows
Kuwait National was created in 2005 and listed on the Kuwait bourse in December 2008. (Getty Images)
By Bloomberg
Thu 11 Nov 2010 10:27 AM

Kuwait National Airlines Co. K.S.C., the holding company that owns Wataniya Airways, said third-quarter loss narrowed, without giving a reason.

The net loss was 1.6 million dinars ($5.7 million), or 3.23 fils a share, compared to a loss of 2.1 million dinars, or 4.31 fils, in the year-earlier period, the company said in a statement to the Kuwait Stock Exchange.

Kuwait National was created in 2005 and listed on the Kuwait bourse in December 2008. (Bloomberg)

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