State-owned Kuwait Airways , which is seeking investors for a $280 million stake sale to privatise the carrier, is unlikely to attract much interest from international or regional investors, analysts said.
The struggling airline will have to offer an attractive deal for investors and offer more control of operations to generate any interest.
'It (Kuwait Airways) does not bring much attractiveness to any partner unless it gives a good deal and more control in its functioning,' said John Strickland, director of UK-based JLS Consulting.
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