Jazeera Airways buys Sahaab Aircraft Leasing

Kuwait's Jazeera Airways has said it has acquired Sahaab Aircraft Leasing Co, a private aircraft leasing firm established in late 2008, for KD25.6m. Sahaab, which currently owns a fleet of nine Airbus A320s that were purchased and leased back to Jazeera Airways, will continue to operate as a fully-owned subsidiary of the airline. By 2016, Sahaab will have a minimum fleet of 38 Airbus A320s based on confirmed orders with the manufacturer, the company said.