Kuwait Airways Corporation (KAC) recently acquired Terminal 4 of the Kuwait International Airport on lease for one million dinars annually. The airlines have reported an increase in revenue by 10% in 2022 as compared to pre-pandemic level and about 115% compared to 2021. The company’s profitability margin improved by 40% in 2022 compared to 2019 levels and 37% compared to 2021. The airline also reported a rise in passenger traffic at Terminal 4 by 26% in 2022 compared to 2019, and to 229% compared to 2021. KAC further revealed that the airline received three new aircraft this year one Airbus

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