Kuwait Airways is the national airline of Kuwait. From its hub in Kuwait City, the airline operates its small fleet of 18 aircraft to 39 destinations. The airline was founded in 1954 as a private airline, but it quickly became unprofitable, and the government took on 50 percent ownership of the company in 1956. The government later took full ownership of the airline. In the Iraq invasion of Kuwait, 42 of the airline's aircraft were destroyed or stolen, forcing the company to slowly restart from almost nothing in 1991. In 2010 and 2011 the airline was privatized in hopes that this would allow it to better compete with regional airlines.