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Aviation

Kuwait Airways Corporations privatisation committee ? PrivComm ? will assess expressions of interest (EOIs) made to purchase a 35 per cent stake in the carrier following the expiry of the August 25 deadline for submissions.

Sharjah International Airport had a very successful 2010 with figures showing that the airport recorded a double-digit growth in passenger traffic and also saw a significant jump in freight volume.

Abu Dhabi based investment company Waha Capital is taking a 20 per cent stake in Dutch-based aircraft leasing firm AerCap Holdings, in a deal worth around US$380mn.

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