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Kuwait Airways operates a fleet of 17 jetliners that fly mainly to Europe, the Middle East and Asia. In fiscal 2010, the carrier brought in $771 million in revenue but posted a loss of $556 million, according to a government presentation for potential investors last year. Another Kuwaiti carrier, Wataniya Airways, abruptly stopped flying a year ago, citing financial troubles and unrest in the region. Zebari said Kuwaiti and Iraqi officials are still working toward agreements in other areas where the two nations have disputes, including borders, joint oil fields and rival ports on the Persian Gulf. Also Wednesday, al-Dabbagh said Kuwait's emir said they will attend the Arab League summit meeting in Baghdad at the end of this month. The visit by Sheik Sabah Al Ahmad Al Sabah will be the first by a Kuwaiti ruler since Saddam's invasion of the oil-rich Gulf state. The League summit originally was scheduled for the Iraqi capital last year, but political unrest across the Mideast, combined with concerns about Iraq's security, delayed it. It is set now for March 27-29.
[Associated
Press;
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