Dissolving the airline

As far as I'm aware the UK can't do anything to it unless they have evidence to say that the new owners stole the aircraft and the part. I think Kuwaiti have acted immature, yes there was a debt, yes Iraq should have sorted it, but Kuwaiti acted completely un proffesional. On another note, if a private investor takes over, the airline will be rebranded to something like Iraqi Airlines or Air Iraq therefore wiping debts like Olympic Airlines did with Olympic Airways.

That possibly should be the case - but it isn't. Once it is established the airline is the same entity, then it becomes liable for the thefts again, since they were effectively conducted by Iraqi; at the very least, Iraqi accepted stolen goods.

A better bet might be to asset strip the airline - sell off the aircraft etc individually, rather than selling an intact airline.

Who knows, we'll have to wait and see what the outcome is.

It'll certainly be interesting to watch. I hope they can resolve this get to the UK sometime.

So true. I think they need to come to some arrangement. Not only did Kuwait suffer under Saddam but so did the Iraqi people.

Yes. They should reach a sensible arrangement - such as working together and splitting the profits.

Yes, but at the end of the day. I don't see Kuwait do that, I see them carrying on being immature about it all.

Me too - although it is also an immature reaction from Iraq. It is being turned into a point-scoring exercise. If I was either government, I'd get an embassy built (do they have embassies with each other?) and start negotiations.