INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Jazeera airways to buy 28 Airbus aircraft for $3.4bn

A file picture of a Jazeera plane taxing to take off.
  • The airline also signed another agreement to purchase two aircraft engines with an accumulated worth of $32.3 million to aid the firm’s operations
  • The airline said that while there is no current financial impact on its operations, both agreements are anticipated to bring about a positive impact on the corporation

Jazeera Airways of Kuwait has placed an order for 28 Airbus aircraft worth $3.4 billion, according to media reports.

The airline also signed another agreement to purchase two aircraft engines with an accumulated worth of $32.3 million to aid the firm’s operations, Al Rai reported, citing a disclosure published on the Kuwait Stock Exchange website.

The airline further clarified that while there is no current financial impact on its operations, both agreements are anticipated to bring about a positive impact on the corporation in the medium and long term.