Kuwait drop lawsuits against Iraqi Airways for $ 500 million

Kuwait drop lawsuits against Iraqi Airways for $ 500 million

Published 20/12/2012 08:43 AM

Babinaoz – agencies:
The Ministry of Transport, Thursday, for dropping Kuwait all proceedings against Iraqi Airways, noting that the agreement is a new beginning a real Iraqi Airways to build a fleet of new air. adviser said Transport Minister Karim Nouri said that “Advisor to the Minister of Transport for aviation Kifah Hassan Jabbar signed with Chairman of Kuwait Airways Corporation Sami half a definitive agreement to drop all lawsuits and judgments against Iraqi Airways both filed against it in all countries of the world, “noting that” there are lawsuits filed against the company in London. ” added Nouri that “the two countries reached an agreement prior to plunge Iraq whereby the amount of $ 500 million in compensation to the airline in exchange for dropping proceedings against Iraqi Airways, “noting that” the agreement is the beginning of a historic relationship between the two countries and the beginning of a real Iraqi Airways to build a fleet of new air. ” and authorized the Board of Iraqi Prime Minister July 18, 2012, Minister of Transport Hadi al-Amiri authority to negotiate with the Kuwaiti side on the mechanism of payment of $ 500 million to the Kuwaiti side for the purpose of settling claims Kuwait on debt Kuwait Airways. The British authorities detained, in 25 of last April, the Iraqi plane coming from Baghdad to London after a stop for flights between the two countries as long as 20 years, and was on board 30 passengers of Iraqis and foreigners, including Transport Minister Amer Abdul-Jabbar and director of Iraqi Airways Kifah Hassan, who was detained by the judicial authorities British, because of a lawsuit Kuwaiti filed against Iraq related damage experienced by aircraft by the Iraqi invasion of Kuwait in 1990, demanding payment of one billion and 200 million dollars for Kuwait Airways. demanded the Kuwaiti company before London’s High Court to pay Iraq $ 2.1 billion, and asked Kifah Hassan provide detection property company under oath, accusing via lawyer KAC David Schori, Iraqi Airways to refuse to honor its commitments and بالحنث department, fraud and mislead the judiciary. The Iraqi Airways currently manage and operate air transport in Iraq through interoperability with other countries because of owning the company for aircraft of its own, though it is one of the companies established in the International Air Transport Association (IATA).

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